IDOX Idox Plc

    RNS Number : 1987B
  IDOX PLC
  13 August 2008
   

    IDOX PLC
    13 August 2008

    IDOX plc
    ('IDOX' or the 'Company')

    Grant of options and directors' interests

    IDOX announces that on the 11 August 2008, options were granted to the below-noted directors following the agreement of the terms of
these options at the remuneration sub-committee of the Board held on the 17 July 2008. All options referred to are exercisable over ordinary
shares of 1p each in the capital of the Company ('Ordinary Shares'). 

    Director                                                                                                                                
               No. of options granted      
    Martin Brooks, Chairman                                                                                                                 
                      789,744
    Richard Kellett-Clarke, Chief Executive Officer                                                                                         
   1,435,898


    The options granted to both individuals were awarded in two tranches subject to the following conditions:

                          � of options  Exercise price/p        Vesting         Latest vesting date
 Tranche 1
           Martin Brooks       423,077                13  Quarterly over 5 yrs          01 May 2013
 Richard Kellett -Clarke       769,231                13  Quarterly over 5 yrs          01 May 2013
 Total Tranche 1             1,192,308
                                                                                                   
 Tranche 2                                                                                         
           Martin Brooks       366,667                15  Quarterly over 5 yrs          01 May 2013
 Richard Kellett -Clarke       666,667                15  Quarterly over 5 yrs          01 May 2013
 Total Tranche 2             1,033,334

    In addition to the share options above, Martin Brooks and Richard Kellett-Clarke hold the following interests in the share capital of
the Company:

 Director                 Nature of Holding  Ordinary shares held   % of current issued
                                                                          share capital
 Martin Brooks                       Direct               271,079                  0.08
                                   Indirect             2,402,127                  0.70
                                      Total             2,673,206                  0.78


 Richard Kellett -Clarke             Direct             1,818,181                  0.53
                                   Indirect             2,666,667                  0.77
                                      Total             4,484,848                  1.30
                        
    Enquiries:

    IDOX 
    Martin Brooks, Chairman                                                020 7332 6000
    Richard Kellett-Clarke, Chief Executive             

    College Hill
    Adrian Duffield/Carl Franklin                                     020 7457 2020

    Noble & Company Limited
    Matthew Hall/ Sam Reynolds                                      020 7763 2200



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