21st Jan 2015 18:22
21 January 2015 |
XLMedia PLC
("XLMedia" or "the Group" or "the Company")
Grant of Options
XLMedia (AIM: XLM), a leading provider of digital performance marketing services, announces that it has today granted, pursuant to The Group Share Incentive Plan, share options over 630,000 ordinary shares of USD0.000001 each in the capital of the Company to certain directors of the Company. The share options are exercisable at 57.75 pence, being today's closing mid-market price. The options will vest quarterly in 12 equal tranches over the next 3 years and will cease to be exercisable in eight years.
Details of the share options granted are as follows:
Options Granted | |||
Christopher Bell, Non-Executive Chairman | 270,000 | ||
Richard Rosenberg, Non-Executive Director | 180,000 | ||
Alicia Rotbard, Non-Executive Director | 180,000 | ||
Following the grant of share options as detailed above, the total number of vested and unvested share options outstanding is 12,120,250.
This grant is in line with and part of the Company's stated share incentive policy to attract and retain talent.
For further information, contact:
XLMedia plc Ory Weihs www.xlmedia.com
| Tel: 020 8817 5283 |
Vigo Communications Jeremy Garcia / Fiona Henson www.vigocomms.com
| Tel: 020 7016 9570 |
Cenkos Securities plc Ivonne Cantu / Callum Davidson | Tel: 020 7397 8900 |
Related Shares:
Xlmedia