6th Jul 2009 11:43
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 2 July 2009 a total of 30,000 Options over the Company's Ordinary Shares were granted to Mr Paul Davies, Chief Executive, and 5,000 Options to Mr David Hughes, Legal Director, pursuant to The Impact CSOP Scheme. Mr Davies was also granted 20,000 ordinary 50p shares from the Employee Benefit Trust.
Other members of staff were also granted Options on 2 July 2009. 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.
Following the grant, the interests of Directors in Options are as follows:
|
Name |
Options Granted from Impact CSOP |
Options Granted from Employee Benefit Trust |
Total Options |
|
Paul Davies |
30,000 |
20,000 |
50,000 |
|
David Hughes |
5,000 |
- |
5,000 |
Save for the above, the Directors' beneficial interests remain unchanged and as previously announced.
For further information:
Impact Holdings (UK) plc Paul Davies, Chief Executive Officer Tel: 0161 437 9499 Daniel Stewart & Company plc Simon Leathers / Charlotte Stranner 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:
The legal disbursements market;
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 and the Financial Services Authority for regulated lending.
END
Related Shares:
IHUK.L