Vitesse Media PLC Award of Options (9810W)

TIDMVIS

RNS Number : 9810W

Vitesse Media PLC

13 November 2014

Vitesse Media Plc

("Vitesse Media" or "the Company")

Award of Options

The board of Vitesse Media (AIM: VIS) today advises that it has agreed to award the following share options in the Company at an exercise price of 3 pence per share, the price of the Company's shares at midday on 11 November 2014:

 
                  Share Options   Vesting date       Option Scheme 
 Nicola Baker,    500,000         11 November 2015   Unapproved 
  CEO 
 Chris Ingram,    225,000         11 November 2015   Unapproved 
  Non-executive 
  Chairman

Furthermore, Vitesse Media also today advises that, for personal reasons, Mr Jonathan Sumner; the Company's Deputy Managing Director & Online Publisher, is taking a leave of absence from his duties as a Director at Vitesse whilst retaining his operational role within the Company.

For further information please contact:

 
 Vitesse Media Plc 
 Niki Baker (Chief Executive)             +44 (0)207 250 7010 
 Chris Ingram (Non-Executive Chairman) 
 
 Westhouse Securities Ltd 
 Martin Davison                           +44 (0)207 601 6100 
 David Coaten 
 
 Kreab Gavin Anderson 
 Robert Speed                             +44 (0)207 074 1800

Note to Editors:

Vitesse Media plc is a leading b2b media business, specialising in technology, SME business and high-net worth investment through events, digital activities, data and research. The business is developing a crowd-funding and peer-to-peer lending platform to leverage its existing client and readership base. Vitesse Media plc is quoted on AIM.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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