Alpha Returns Group plc Grant Of Options

 
TIDMARGP 
 
   Alpha Returns Group PLC 
 
   ("Alpha Returns" or the "Company") 
 
   4 January 2017 
 
   Grant of Options 
 
   The Company is pleased to announce that on 3 January 2017, the Board 
granted options over a total 15,000,000 ordinary shares, representing 
2.16 per cent. of the Company's current issued ordinary share capital at 
an exercise price of 0.5p per share in accordance with the terms of the 
share option scheme, details of which were announced on 19 December 
2013. Options were granted to the following directors: 
 
 
 
 
Name                       Number     Price  Exercise dates 
Christopher Neo            3,000,000  0.5p   3/1/2019 - 3/1/2024 
Chan Cheong Yee (Quattro)  1,000,000  0.5p   3/1/2019 - 3/1/2024 
Tsang Fung Chu (Ellen)     1,000,000  0.5p   3/1/2019 - 3/1/2024 
 
 
   The remaining 10,000,000 options have been granted to group employees 
(including the Company's 52.5 per cent. owned investee company Telistar 
Solutions Pte Ltd.) and consultants to the Company on the same terms as 
above. 
 
   Christopher Neo and Chan Cheong Yee (Quattro) each hold options over a 
further 5,000,000 million ordinary shares exercisable at 2.2p per share, 
expiring 17/1/2021. Christopher Neo is also interested in 12,760,000 
ordinary shares, approximately 1.84 per cent of the Company's current 
issued ordinary share capital. 
 
   For further information: 
 
   Alpha Returns Group plc 
 
   Christopher Neo, Executive Director                                                         020 3286 6388 
 
 
   ZAI Corporate Finance Limited (Nomad) 
020 7060 2220 
 
   Peter Trevelyan Clark / Tim Cofman 
 
   Peterhouse Corporate Finance (Broker) 
020 7220 9797 
 
   Duncan Vasey / Lucy Williams 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Alpha Returns Group plc via Globenewswire 
 
 
  http://www.alpharet.com 
 

(END) Dow Jones Newswires

January 04, 2017 09:00 ET (14:00 GMT)

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