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Grant of Options

27th Jul 2012 07:00

RNS Number : 6442I
Vitesse Media PLC
27 July 2012
 



Vitesse Media plc

 

(the "Company")

 

Grant of Options

 

 

Vitesse Media PLC (AIM: VIS), the AIM quoted media business, announces that the Company has today granted options to acquire new ordinary shares of 1p each in the Company (the "Options") to the following Directors:

 

Niki Baker

250,000 Options

Jonathan Sumner

150,000 Options

 

The Options are exercisable at 4 pence per share, being the mid-market closing price on 26 July 2012. The Options will vest on the expiry of a period of three years. The exercise period runs until 26 July 2022.

 

Following this grant, the Company has a total of 2,648,394 Options in issue.

 

 

- End -

 

Enquiries:

 

Vitesse Media Plc

Executive Chairman: Sara Williams

020 7250 7010

 

Westhouse Securities Limited

Tom Price, Martin Davison

020 7601 6100

 

Kreab Gavin Anderson

Robert Speed, Anthony Hughes

020 7074 1800

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSSEFFUMFESELW

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