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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Worldsec Ld | LSE:WSL | London | Ordinary Share | BMG9774L1019 | ORD USD0.001 |
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 | 0.75 | 1.75 | 1.25 | 1.25 | 1.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Security Brokers & Dealers | -239k | -843k | -0.0099 | -1.26 | 1.06M |
TIDMWSL
RNS Number : 5570H
Worldsec Ld
01 December 2015
1 December 2015
Worldsec Limited (the "Company", and together with its subsidiaries, the "Group")
Grant of Options
The Board announces that, under the Company's Employee Share Option Scheme ("Scheme"), it has granted options aggregating 2,950,000 ordinary shares of US$ 0.001 each in the Company (the "Options") to the Directors and certain staff of the Group on 1 December 2015 ("Date of Grant").
The Options granted have an exercise price of US$0.122 per share, which, based on the USD/GBP exchange rate of 0.66 at the Date of Grant, is equivalent to 8.1 pence per share, being ninety per cent of the average of the middle market quotations of the Company's shares (as derived from the Daily Official List of the London Stock Exchange) for the five Business Days immediately preceding the Date of Grant. The Options have a vesting period of six months and a tenure of 10 years from the Date of Grant. Under the Scheme rules, the grantees are not required to pay for the grant of the Options.
Details of the grant of the Options are as follows:
Name Position Number of options granted Alastair Gunn-Forbes Non-executive Chairman 500,000 ------------------------ ------------------ Henry Ying Chew Cheong Executive Director 500,000 ------------------------ ------------------ Mark Chung Fong Non-executive Director 500,000 ------------------------ ------------------ Martyn Stuart Wells Non-executive Director 500,000 ------------------------ ------------------ Ernest Chiu Shun She Executive Director 500,000 ------------------------ ------------------ Certain staff of the Group - 450,000 ------------------------ ------------------
The Options have been granted as part of an overall strategy to remunerate and incentivise key management and staff of the Group.
-ends-
Date: 1 December 2015
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSZMMGZMMKGKZM
(END) Dow Jones Newswires
December 01, 2015 06:29 ET (11:29 GMT)
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