Issue of Options

RNS Number : 1186X
Zest Group PLC
30 November 2010
 

30 November 2010

 

 

 

Zest Group Plc

("Zest" or the "Company")

 

                                                                 Issue of Options

 

Zest announces that it has issued options over a total of 98,000,000 ordinary shares in the Company to directors, staff and consultants to subscribe for new ordinary shares in the Company at an exercise price of 0.5 pence per share (compared to closing mid market price on 29 November 2010 of 0.44p) with a term of 10 years from the date of this announcement.

 

They have been issued to the Directors, staff , consultants and advisors as part of their remuneration arrangements with the Company and represent in aggregate 10.9% of the existing issued share capital. The options for the Directors have been issued as follows:

 

Richard Griffiths - options over 30,000,000 ordinary shares

David Lenigas - options over 30,000,000 ordinary shares

 

 

 

Enquiries:

 

 

 

 

 

Zest Group Plc

David Lenigas

+44 (0) 440 0640

                                                  

W.H. Ireland

James Joyce

+44 (0) 207 220 1666

 

 

 

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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