Director Shareholding
June 30 2003 - 5:27AM
UK Regulatory
RNS Number:9256M
Net b2b2 PLC
30 June 2003
FOR IMMEDIATE RELEASE
NETB2B2 PLC ('THE COMPANY')
Grant of Options under the Company Share Option Plan
The Company announces that on 27 June 2003 it granted options over new ordinary
shares of 1p each in the Company ("Shares"), under the Company Share Option
Plan, at an exercise price of 1p per Share to the following directors:
Director Options granted
Andrew Gannon 2,500,000
Geoffrey Griggs 5,500,000
These options are normally exercisable between 2 and 10 years from the date of
grant. They have been granted under the provisions of the Enterprise Management
Incentive Scheme ("EMI") to take advantage of the favourable tax treatment
offered by the Scheme.
Following the grant of the above options, the total beneficial interests in the
Company of Andrew Gannon and Geoffrey Griggs are as follows:
Director Shares Percentage of issued share Options
capital
Andrew Gannon 1,625,000 0.6% 7,500,000
Geoffrey Griggs 1,625,000 0.6% 7,500,000
30 June 2003
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSSDMSUSSDSEEM