Crossrider plc Appointment of Chief Financial Officer (6048N)
October 27 2016 - 3:15AM
UK Regulatory
TIDMCROS
RNS Number : 6048N
Crossrider plc
27 October 2016
Crossrider plc
("Crossrider," the "Company" or the "Group")
Appointment of Chief Financial Officer
Grant of Options
Crossrider (AIM:CROS), the online distribution and digital
product company, is pleased to confirm the appointment of Moran
Laufer as permanent Chief Financial Officer effective immediately.
The confirmation follows Mr Laufer's appointment as Acting Chief
Financial Officer on 19 August 2016.
As part of his appointment Mr Laufer has been granted 634,950
ordinary share options. The options are exercisable at a price of
36.5 pence per share and will be issued in an initial tranche of
25% of the total grant in year 1, with further quarterly tranches
of 6.25% being issued thereafter for a total of twelve
quarters.
1,597,320 options have also been granted to certain members of
staff on the same basis.
- ends -
For more information contact
Crossrider plc
Ido Erlichman, Chief Executive
Officer
Moran Laufer, Chief Financial
Officer
c/o Bell Pottinger +44 (0) 20 3772 2496
Shore Capital
Bidhi Bhoma
Toby Gibbs +44 (0) 20 7408 4090
Bell Pottinger
David Rydell
James Newman
Sam Cartwright +44 (0) 20 3772 2500
About Crossrider
Crossrider is an online distribution and digital product
company. The Company utilises its proprietary marketing technology
platforms to prospect, optimise and monetise mobile and web media.
Crossrider powers all aspects of an online product to create a
superb user experience. The Company offers improved retention and
re-engagement rates, greatly enhancing the value of user activity.
Crossrider provides its platforms to its customers for use with
their products as well as developing and expanding its own product
portfolio.
Crossrider's vision is to provide and develop best-in-class
digital products for its users globally.
www.crossrider.com
This information is provided by RNS
The company news service from the London Stock Exchange
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