Image Scan Holdings PLC Grant of Share Options (9068J)

TIDMIGE

RNS Number : 9068J

Image Scan Holdings PLC

22 December 2015

22 December 2015

IMAGE SCAN HOLDINGS PLC

("Image Scan" or the "Company")

Granting of Share Options

Image Scan (AIM: IGE) announces it has granted options to subscribe for 3,950,000 new ordinary shares of one pence each in the Company ("Ordinary Shares") ("Options"). The Options have been granted to certain of the Company's executive directors and staff under the Image Scan Enterprise Management Incentives Share Option Plan.

The Options have an exercise price of 2.25 pence, a three year vesting period and expire on the tenth anniversary of the date of the grant.

The Options granted include the following in respect of directors of the Company:

 
                    Number of     Existing Options   Existing Options 
                    New Options       Under EMI       under Unapproved 
                      Granted                              Scheme 
 Bill Mawer         1,000,000        1,000,000           1,500,000 
 Vince Deery        1,000,000        1,000,000 
 Tim Jackson          200,000                              300,000 
 Richard Leaver       200,000                              300,000 
 

Following the grant of the Options, the total number of options outstanding over Ordinary Shares is 10,133,000 equivalent to 8.07% of the Company's existing issued share capital.

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For further information, please contact:

Image Scan Holdings plc Tel: [phone]

Bill Mawer, Chairman and Chief Executive Officer

[e-mail]

Cantor Fitzgerald Europe Tel: [phone]

Rick Thompson / David Foreman

David Banks

This information is provided by RNS

The company news service from the London Stock Exchange

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December 22, 2015 09:26 ET (14:26 GMT)