Intandem Films PLC Grant Of Options
May 01 2009 - 11:53AM
UK Regulatory
TIDMIFM
INTANDEM FILMS PLC
GRANT OF OPTIONS
Intandem Films plc (the "Company") announces that it has today granted options
to its directors, as set out below, over 14,500,000 new ordinary shares,
representing 17.43 per cent. of the current issued share capital of the Company,
at an exercise price of 0.84 pence per share. In addition, it has granted a
further 1,600,000 options with the same exercise price to certain other
employees of the Company.
All of the options mentioned above will be exercisable for a period of ten years
commencing on the third anniversary of grant, and will be exercisable on the
condition that the Company has made a pre-tax profit in any year to 30 June
2013.
Director Grant of Total Total options as a Current beneficial
new options percentage of interest as a percentage
options post grant issued share of issued share capital
capital
Gary Smith 10,000,000 10,000,000 12.02% 29.94%
Andrew Brown 2,000,000 2,000,000 2.40% 5.93%
Billy Hurman 2,000,000 2,000,000 2.40% 3.84%
John James 500,000 500,000 0.60% 1.05%
Following this grant of new options, the Company will a have a total of
16,100,000 options in existence, representing 19.36 per cent. of the current
issued share capital of 83,175,000 ordinary shares.
Enquiries
Should you have any queries please contact: -
Gary Smith, Chief Executive +44 (0)20 7851 3838
Intandem Films plc
James Caithie/Antony Legge +44 (0)20 7492 4777
Dowgate Capital Advisers
Intandem Films (LSE:IFM)
Historical Stock Chart
From May 2024 to Jun 2024
Intandem Films (LSE:IFM)
Historical Stock Chart
From Jun 2023 to Jun 2024