mporium Group PLC Grant of Options (0540B)

TIDMMPM

RNS Number : 0540B

mporium Group PLC

02 October 2015

mporium Group PLC

("mporium" or the "Company")

Grant of Options

mporium Group PLC (AIM: MPM), the mobile commerce specialist, announces that on 30 September 2015 it granted share options to Richard Gordon, Finance Director, over a total of 1,000,000 ordinary shares of 0.5 pence each in the Company (the "Options"). The Options are being granted in line with Mr Gordon's contract of employment and are issued under the Company's HMRC approved EMI share option scheme. The exercise price of the Options is set at 5 pence per ordinary share.

The Options will vest on 3 May 2016 and are exercisable for a period of 10 years from the date of grant.

Following the grant of the Options, Mr Gordon, remains interested in 1,000,000 ordinary shares of 0.5 pence each in the Company, representing approximately 0.2 % of the Company's issued share capital, and has options in the Company over a total of 1,000,000 ordinary shares of 0.5 pence each.

Following the grant of the Options, the Company has 64,154,324 share options in issue representing 14.9% of the current issued share capital of the Company.

Ends

Enquiries:

 
mporium:         020 3242 0515 
Barry Moat 
 
N+1 Singer:      020 7496 3000 
Ben Wright 
 Alex Wright 
 
Buchanan:        020 7466 5000 
Charles Ryland 
Vicky Watkins 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 02, 2015 05:11 ET (09:11 GMT)