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NEO Neo Energy Metals Plc

0.375
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Neo Energy Metals Plc LSE:NEO London Ordinary Share GB00BYWLRL80 ORD GBP0.0001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.375 0.35 0.40 0.375 0.375 0.375 133,073 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Grant of Options

14/01/2009 4:34pm

UK Regulatory



 

TIDMNEO 
 
RNS Number : 6522L 
Neovia Financial PLC 
14 January 2009 
 

 
 
+---------------------------+---------------------------+---------------------------+ 
| Press release             |                           |     For immediate release | 
+---------------------------+---------------------------+---------------------------+ 
 
 
 
 
NEOVIA Financial Plc 
 
 
 
 
Grant of options 
 
 
 
 
Wednesday, 14 January 2009 - NEOVIA Financial Plc (LSE: NEO) makes the following 
announcement regarding options to be granted further to the Company's 
announcement on 8 December 2008. 
 
The Company confirms that, following receipts of acceptances by Eligible 
Executives, it has granted a total of 2,789,100 options to Eligible Executives 
over the Company's ordinary shares of 0.01 pence. 
 
 
The options were granted under the two share options plans operated by the 
Company as follows: 
 
 
  *  A total of 2,160,585 options were granted under the NEOVIA Financial Plc Share 
  Option Plan (the "Unapproved Plan"). 
 
  *  A further 628,515 options were granted under the UK Approved NEOVIA Financial 
  Plc Approved Share Option Plan (the "Approved Plan"). 
 
 
 
The options under both the Unapproved Plan and the Approved Plan were granted at 
an exercise price of 53 pence, being the average of the mid-closing price of the 
Company's shares for the three trading days prior to 5 December 2008. 
 
 
The period during which these options can be exercised is as follows: 
 
 
Under the Unapproved Plan: 
 
 
  *  2,158,135 options have a grant period of 4 years from 5 December 2008, having vesting dates annually on 15 October 2009, 2010 and 2011, on which dates one third of the options granted vest. These options expire on 5 December 2012 and the last date for exercise is therefore 4 December 2012; and
 
  *  2,450 options have a grant period of 3½ years from 5 December 2008, having vesting dates on 15 January 2009, 15 October 2009 and 15 October 2010, on which dates one third of the options granted vest. These options expire on 5 June 2012 and the last date for exercise is therefore 4 June 2012.
 
Under the Approved Plan: 
 
  *  628,015 options have a grant period of 4 years from 5 December 2008, having 
  vesting dates annually on 15 October 2009, 2010 and 2011, on which dates one 
  third of the options granted vest. These options expire on 5 December 2012 and 
  the last date for exercise is therefore 4 December 2012; and 
 
  *  500 options have a grant period of 3½ years from 5 December 2008, having vesting 
  dates on 15 January 2009, 15 October 2009 and 15 October 2010, on which dates 
  one third of the options granted vest. These options expire on 5 June 2012 and 
  the last date for exercise is therefore 4 June 2012. 
 
 
 
The table below sets out the details relating to each Director in respect of the 
information set out above and their total options outstanding as at 13 January 
2009: 
 
 
 
 
 
 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|   Director |   Grant  | Exercise  |          Exercise |    Options |    Options |      Total | 
|            |     date |     Price |            period |    granted |    granted |            | 
|            |          |   (pence) | (earliest/latest) | Unapproved |   Approved |            | 
|            |          |           |                   |       Plan |       Plan |            | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|       Dale | 20.11.06 |      138p |        14.04.07 / |    225,000 |          - |    225,000 | 
|    Johnson | 30.10.07 |    72.75p |          14.04.10 |    105,000 |          - |    105,000 | 
|            | 30.10.07 |    72.75p |        30.10.08 / |     50,000 |          - |     50,000 | 
|            | 05.12.08 |       53p |          30.04.11 |     75,000 |          - |     75,000 | 
|            |          |           |        30.10.08 / |            |            |            | 
|            |          |           |          30.10.11 |            |            |            | 
|            |          |           |        15.10.09 / |            |            |            | 
|            |          |           |          04.12.12 |            |            |            | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|            |          |           |                   |    455,000 |            |    455,000 | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|            |          |           |                   |            |            |            | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|        Don | 20.11.06 |      138p |        14.04.07 / |     40,000 |          - |     40,000 | 
|    Lindsay | 30.10.07 |    72.75p |          14.04.10 |     20,000 |          - |     20,000 | 
|            | 30.10.07 |    72.75p |        30.10.08 / |     30,000 |          - |     30,000 | 
|            | 05.12.08 |       53p |          30.04.11 |     40,000 |          - |     40,000 | 
|            |          |           |        30.10.08 / |            |            |            | 
|            |          |           |          30.10.11 |            |            |            | 
|            |          |           |        15.10.09 / |            |            |            | 
|            |          |           |          04.12.12 |            |            |            | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|            |          |           |                   |    130,000 |            |    130,000 | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|            |          |           |                   |            |            |            | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
| Ron Martin | 20.11.06 |      138p |        14.04.07 / |    600,000 |          - |    600,000 | 
|            | 30.10.07 |    72.75p |          14.04.10 |    250,000 |          - |    250,000 | 
|            | 30.10.07 |    72.75p |        30.10.08 / |    250,000 |          - |    250,000 | 
|            | 05.12.08 |       53p |          30.04.11 |    351,900 |          - |    351,900 | 
|            |          |           |        30.10.08 / |            |            |            | 
|            |          |           |          30.10.11 |            |            |            | 
|            |          |           |        15.10.09 / |            |            |            | 
|            |          |           |          04.12.12 |            |            |            | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|            |          |           |                   |  1,451,900 |            |  1,451,900 | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|            |          |           |                   |            |            |            | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|       John | 20.11.06 |      138p |        14.04.07 / |     40,000 |          - |     40,000 | 
|    Webster | 30.10.07 |    72.75p |          14.04.10 |     20,000 |          - |     20,000 | 
|            | 30.10.07 |    72.75p |        30.10.08 / |     30,000 |          - |     30,000 | 
|            | 05.12.08 |       53p |          30.04.11 |     40,000 |          - |     40,000 | 
|            |          |           |        30.10.08 / |            |            |            | 
|            |          |           |          30.10.11 |            |            |            | 
|            |          |           |        15.10.09 / |            |            |            | 
|            |          |           |          04.12.12 |            |            |            | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|            |          |           |                   |    130,000 |            |    130,000 | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|            |          |           |                   |            |            |            | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|      Total | 20.11.06 |      138p |        14.04.07 / |    905,000 |          - |    905,000 | 
|            | 30.10.07 |    72.75p |          14.04.10 |    395,000 |          - |    395,000 | 
|            | 30.10.07 |    72.75p |        30.10.08 / |    360,000 |          - |    360,000 | 
|            | 05.12.08 |       53p |          30.04.11 |    506,900 |          - |    506,900 | 
|            |          |           |        30.10.08 / |            |            |            | 
|            |          |           |          30.10.11 |            |            |            | 
|            |          |           |        15.10.09 / |            |            |            | 
|            |          |           |          04.12.12 |            |            |            | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
|            |          |           |                   |  2,166,900 |        Nil |  2,166,900 | 
+------------+----------+-----------+-------------------+------------+------------+------------+ 
 
 
As at 13 January 2009, the Company has total options outstanding of 9,795,150, 
with 9,166,635 options under the Unapproved Plan and 628,515 options under the 
Approved Plan. As at 13 January 2009, the Company had 119,920,953 ordinary 
shares in issue. 
 
 
For further information contact: 
 
 
Andrew Gilchrist+ 44 (0) 1624 698 713 
VP Communications, NEOVIA Financial Plc 
Email:investorrelations@neovia.com 
 
 
Citigate Dewe Rogerson+ 44 (0) 207 638 9571 
Sarah Gestetner / George Cazenove 
 
 
Daniel Stewart & Co Plc+ 44 (0) 207 776 6550 
Paul Shackleton 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 RDSBLGDBDXBGGCS 
 

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