Grant and Exercise of Options

i-documentsystems Group PLC 31 October 2002 i-documentsystems group plc ('the Company') Exercise of Options The Board of the Company announces that on 30 October 2002 Tim Bowen, Chief Financial Officer, exercised 500,000 share options at an exercise price of 5p per share. The total consideration paid was £25,000. He has not sold any of the resulting new shares. These shares will rank pari passu with all existing ordinary shares. Application will be made for admission of the new ordinary shares to trading on the Alternative Investment Market of the London Stock Exchange and dealings are expected to commence on 7 November 2002. The ordinary shares referred to are ordinary shares of 1p per share and the total number of shares in issue following the exercise above is 140,803,902. Tim Bowen's personal shareholding will increase to 1,863,500 ordinary shares equating to 1.32% of the issued share capital of the Company. In addition on 31 October 2002, the Company granted 500,000 share options to Andrew Fraser and 500,000 share options to Tim Bowen exercisable at a price of 11p per ordinary share. Tim Bowen has also been appointed Chief Operating Officer of the Company and will fulfil this role alongside his current position as Chief Financial Officer. 31 October 2002 This information is provided by RNS The company news service from the London Stock Exchange

Companies

IDOX (IDOX)
UK 100

Latest directors dealings