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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Abal Group Plc | LSE:ABAL | London | Ordinary Share | GB00BFMDJC60 | ORD 0.002P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.85 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIMTK
RNS Number : 0336J
Imaginatik PLC
15 December 2015
15 December 2015
Imaginatik Plc
("Imaginatik" or "the Company")
Grant of Options
Imaginatik plc (AIM: IMTK.L), the world's first full service innovation provider offering a range of consultancy and technology products, announces that it has awarded 861,841 new options over ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") ("Options") to directors and employees as follows:
Ralph Welborn, CEO and Shawn Taylor, CFO, have been granted 67,000 and 62,533 options respectively and Mr Charles, NED, 25,000. The options for Mr Taylor will be a combination of options issued under the EMI scheme as well as unapproved options. Those for Mr Welborn are issued under the Imaginatik 2006 Stock Option Plan and those for Mr Charles issued under the EMI scheme.
In addition, eligible employees of the Company have been granted 707,308 options under the EMI scheme as well as the Imaginatik 2006 Stock Option Plan.
All of the options referred to above have an exercise price of 4.88 pence per share, being the closing mid-price of an Ordinary Share on the day prior to grant, 14 December 2015. In accordance with the scheme rules, 50 per cent. of the options will vest after 2 years with the remaining 50 per cent. vesting after 3 years. There are no performance criteria attached to the above options.
Following the above transactions, the directors of Imaginatik hold the following Options:
Director Existing New Options Total Options granted Options pursuant Held to 2015 annual grant ---------------- ---------- ------------ ---------- Matt Cooper, Non-Executive Chairman 2,586,531 - 2,586,531 ---------------- ---------- ------------ ---------- Ralph Welborn, CEO 2,200,000 67,000 2,267,000 ---------------- ---------- ------------ ---------- Shawn Taylor, CFO 1,389,679 62,533 1,452,212 ---------------- ---------- ------------ ---------- Simon Charles, Non-Executive Director 93,750 25,000 118,750 ---------------- ---------- ------------ ----------
Imaginatik now has 11,558,794 Options in issue, representing approximately 13.58% of the current issued share capital and 11.96% of the fully diluted share capital.
For further information please contact:
Imaginatik plc Tel: 01329 243 243 Matt Cooper Non-Executive Chairman Ralph Welborn, CEO Shawn Taylor, CFO finnCap Ltd Tel: 020 7220 0500 Jonny Franklin-Adams/Giles Rolls, corporate finance Alma PR Tel: 0207 796 9085 Caroline Evans-Jones/Hilary Buchanan
About Imaginatik
Imaginatik provides a range of Innovation solutions comprised of consultancy, enterprise software and program management to deliver innovation results to companies such as The World Bank, The Chubb Group of Insurance Companies, State Farm, Exxon Mobil, Pfizer, Goodyear, the Yorkshire Building Society, Pitney Bowes and Cargill. Few companies possess the internal capability to consistently generate fresh ideas, identify those worth pursuing and reliably transform them into real, value-enhancing assets. Imaginatik's mission is to help these companies build sustainable innovation competencies.
Imaginatik is a public company whose shares are traded on the AIM market of the London Stock Exchange (LSE:IMTK.L) and is a World Economic Forum Technology Pioneer with offices in Boston, MA, and Fareham, UK. For more information visit www.imaginatik.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
December 15, 2015 02:00 ET (07:00 GMT)
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