Director's Share Options
December 24 2009 - 6:16AM
UK Regulatory
TIDMMAI
RNS Number : 7138E
Maintel Holdings PLC
24 December 2009
Maintel Holdings Plc ("Maintel" or "the Company")
Directors' share options
On 23 December 2009 the directors granted to Dale Todd, the Company's Finance
Director, an option over 10,000 shares, which equates to 0.09% of the issued
share capital of the Company, with an exercise price of 145p. The option vests
and may be exercised from the date of grant.The option expires on 23 December
2019.
Mr Todd currently holds 3,544 shares in the Company beneficially, has an
existing option over 10,000 shares and is interested in 47,635 shares in his
capacity as a trustee of the Maintel Holdings Plc Share Incentive Plan.
In aggregate, options have been issued over 2.69% of the current issued share
capital, with a maximum of a further 1% conditional on Mr Buxton (the Company's
Chief Executive) purchasing matching shares in the open market. The number of
shares under option and the vesting and exercise prices may be adjusted at the
discretion of the Remuneration Committee in the event of a variation in the
issued share capital of the Company.
24 December 2009
Enquiries:
+-----------------------------------------------+--------------------------------------+
| Maintel | |
+-----------------------------------------------+--------------------------------------+
| Dale Todd - Finance Director | TEL: 020 7401 0562 |
+-----------------------------------------------+--------------------------------------+
| | |
+-----------------------------------------------+--------------------------------------+
| FinnCap | |
+-----------------------------------------------+--------------------------------------+
| Marc Young / Rhydian Bankes (Corporate | TEL: 020 7600 1658 |
| Finance) | |
+-----------------------------------------------+--------------------------------------+
| Tom Jenkins (Corporate Broking) | |
+-----------------------------------------------+--------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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