7th Jan 2008 09:52
7 January 2008 iPoint-media plc ("iPoint" or the "Company") Exercise of options and directors' shareholdings
The Company announces that, following the exercise of options, it has issued, conditional on admission, 302,750 new ordinary shares.
Of the options exercised, Effi Bazia, Finance Director, has exercised options over 100,000 ordinary shares at 2.3796p each. Following the exercise, Mr Bazia is now beneficially interested in 100,000 ordinary shares, equivalent to 0.09 per cent. of the issued share capital of the Company and has the following options over ordinary shares:
Number of options Exercise price in pence 159,142 2.3796p
Of the options exercised, Muki Geller, Chief Executive, has exercised options over 102,750 ordinary shares at 0.3859p each. Following the exercise, Mr Geller is now beneficially interested in 11,267,218 ordinary shares, equivalent to 9.98 per cent. of the issued share capital of the Company and has the following options over ordinary shares:
Number of options Exercise price in pence 2,436,847 0.3859p
Application has been made for 302,750 shares to be admitted to trading on AIM and dealings are expected to commence on 11 January 2008.
Following the admission of these shares the Company will have 112,870,068 ordinary voting shares in issue.
For Further Information:iPoint-media plc +(0) 972 544 450 667 Muki Geller +44 (0) 7802 356614 Clive Garston John East & Partners Limited +44 (0) 207 628 2200 David Worlidge/Bidhi Bhoma
IPOINT MEDIA PLCRelated Shares:
EVRH.L