Grant of Options

RNS Number : 8488Q

Global Invacom Group Limited

22 June 2015

 

Global Invacom 

 Grant of Options

Singapore, 22 June 2015 - Global Invacom Group Limited ("Global Invacom" or "the Group") today announces that a total of 8,840,000 options ("Options") over the Company's ordinary shares of no par value ("Ordinary Shares") were granted to employees and directors pursuant to the Global Invacom Share Option Scheme 2013. The Options were granted with an exercise price of S$0.311 (c. 15 pence) per Ordinary Share. Of the Options, 4,420,000 are exercisable from 22 June 2016 to 21 June 2025 and 4,420,000 are exercisable from 22 June 2017 to 21 June 2025.

The following Directors were granted Options:

Name	Position	Options Granted	Total Options Held
Anthony Taylor	Executive Chairman	1,890,000	3,780,000
Malcolm Burrell	Executive Director	650,000	650,000
Matthew Garner	Chief Financial Officer	650,000	650,000

Save for the above, the Directors' interests remain unchanged and as previously announced.

For media queries, please contact

Global Invacom Group Limited

Tony Taylor (Executive Chairman)

Matthew Garner (Chief Financial Officer)

8 Temasek Boulevard

#20-03 Suntec Tower Three

Singapore 038988

[phone]

finnCap Ltd (Nominated Adviser and Joint Broker)

Ed Frisby/Christopher Raggett (Corporate Finance)

Rhys Williams (Corporate Broking)

[phone]

Mirabaud Securities LLP (Joint Broker)

Peter Krens (Equity Capital Markets)

[phone]

Bell Pottinger LLP (UK Financial PR)

David Rydell/Lucy Stewart/David Bass

[phone]

WeR1 Consultants Pte Ltd (Singapore Financial PR)

Sheryl Sim, [e-mail]

Megan Lee, [e-mail]

[phone]

About Global Invacom Group Limited

Global Invacom Group Limited ("Global Invacom") is listed on the Singapore Exchange Securities Trading Limited Mainboard ("SGX-ST") and its shares are admitted to trading on the AIM Market of the London Stock Exchange in the U.K..

Global Invacom is a fully integrated satellite equipment provider with six manufacturing plants across China, Israel, Malaysia and the U.K., providing a full range of dish antennas, LNB receivers, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications, TV peripherals, computer peripherals, medical, and consumer electronics industries. Its customers include satellite broadcasters such as BSkyB of the U.K. and Dish Network of the U.S.A..

For more information please visit: www.globalinvacom.com

 

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