Grant of Options

1st Apr 2010 15:30

Impact Holdings (UK) plc ('Impact' or 'the Company') Grant of Options and Shares

Impact Holdings (UK) plc (AIM: IHUK), the specialist lending business, announces that on 31st March 2010 a total of 250,000 options over the Company's ordinary shares were granted pursuant to The Impact CSOP Scheme.

The options were granted at nil consideration with an exercise price of 75p per share and are exercisable after three years from the date of grant with half of these being dependent on the delivery of specific performance indicators.

Following the grant, the interests of Directors in options are as follows:

Name Options Granted from Impact CSOP Total Options Roger Barlow 35,000 35,000 Paul Davies 135,000 165,000 Stuart Burn 70,000 85,000 David Hughes 10,000 15,000

Mr Davies, Chief Executive Officer, was also granted 15,000 ordinary 50p shares from the Employee Benefit Trust which takes his shareholding to 99,370 Ordinary Shares, which represents approximately 4.47% of the current issued share capital.

Save for the above, the Directors' beneficial interests remain unchanged and as previously announced.

For further information:Impact Holdings (UK) plcPaul Davies, Chief Executive Officer Tel: 0161 437 9499Daniel Stewart & Company plcSimon Leathers Tel: 020 7776 6550

Notes to Editor:

Impact Holdings (UK) plc through its individual subsidiaries provides short term funding solutions, loans administration and IT support services in two specific sectors:

1. The legal disbursements market;

2. Property based bridging and development market.

In addition Impact will fund other opportunities where debt instruments or debentures provide the primary security and there are opportunities for short term bespoke funding where serviceability precludes larger lenders from entering this area.

Impact is regulated by The Office of Fair Trading through which it is licensed to lend under the Consumer Credit Act 1974.

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Related Shares:

IHUK.L