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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Expomedia Grp | LSE:EXP | London | Ordinary Share | GB0031056673 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9856P Expomedia Group PLC 12 March 2008 12 March 2008 EXPOMEDIA GROUP PLC ("Expomedia" or "the Group") Grant of Options On 11 March 2008, Mark Shashoua (CEO), Darra Comyn (Group Finance Director) and Michael Sift (Managing Director) were granted a total of 1,850,000 options to subscribe for ordinary shares of 5p each in the capital of the Company (the ' shares') at an exercise price of 25p, subject to performance conditions. These options have been granted to replace options granted in January and December 2006. The remuneration committee recommended that 1,725,000 options granted in January and December 2006 be cancelled and new options awarded as the options granted in 2006 would almost certainly have lapsed without exercise and therefore no longer represented the incentive intended. These options are granted from the executive share option scheme over ordinary shares held by the Expomedia Employee Benefit Trust. Director Number of Options Exercise Period Exercise Price Awarded Mark Shashoua 775,000 11 March 2011 - 11 March 2018 25 pence Darra Comyn 450,000 11 March 2011 - 11 March 2018 25 pence Michael Stift 625,000 11 March 2011 - 11 March 2018 25 pence All options are exercisable from 2011. Conditions include a 25% compound growth in total shareholders return over three years, for 75% of the options granted to vest and over four years for 100% of the options granted to vest. Overall shareholder return must exceed the average for all AIM companies and is based on the share price on 10 March 2008 of 72pence. Additionally options granted to the above directors under the executive scheme have been cancelled as follows: Director Number of Options Exercise Period Exercise Price Cancelled Mark Shashoua 775,000 25 January 2009 - 25 January 2016 25 pence Darra Comyn 450,000 25 January 2009 - 25 January 2016 25 pence Michael Stift 250,000 25 January 2009 - 25 January 2016 25 pence Michael Stift 250,000 18 December 2009 - 18 December 2016 25 pence As a result of the above grant of and the cancellation of the options outlined above, Mark Shashoua, Darra Comyn and Michael Sift hold the following options. Director Number of Options Exercise Period Exercise Price Held Mark Shashoua 775,000 25 January 2009 - 25 January 2016 25 pence Mark Shashoua 200,000 18 January 2005 -18 January 2012 75.5 pence Mark Shashoua 200,000 29 April 2005 - 29 April 2012 85.5 pence Darra Comyn 450,000 11 March 2011 - 11 March 2018 25 pence Darra Comyn 200,000 18 January 2005 -18 January 2012 75.5 pence Darra Comyn 200,000 29 April 2005 - 29 April 2012 85.5 pence Michael Stift 625,000 11 March 2011 - 11 March 2018 25 pence Michael Stift 250,000 30 April 2007 - 30 April 2014 80 pence Enquiries: Expomedia Group Plc Mark Shashoua Tel: 020 8386 0070 Bishopsgate Communications Ltd (PR) Dominic Barretto Tel: 020 7562 3350 Charles Stanley Securities (Nominated Adviser) Mark Taylor Tel: 020 7149 6000 This information is provided by RNS The company news service from the London Stock Exchange END RDSDLLFFVXBLBBB
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