Director/PDMR Shareholding

RNS Number : 6668B
Sarantel Group PLC
19 August 2008
 



19 August 2008


Sarantel Group plc 

('Sarantel' or the 'Company')


Issue of share options


The Company announces that it yesterday granted options over 313,333 ordinary shares to David Wither, Chief Executive Officer of the Company.


The options have been granted under the SAYE scheme. The exercise price is 3 pence per share and these options may be exercised at any time after 18 August 2011 and the options shall expire after 10 years from grant


Following the grant of these options, Mr Wither's option holdings will be:



No. of options

Exercise price


Exercise period

David Wither

833,333

7p

4 August 2004 to 3 August 2014

 

515,146

7p

4 August 2004 to 3 August 2014

 

250,000

7p

1 March 2006 to 28 February 2016

 

711,739

7p

5 August 2004 to 4 August 2014

 

3,400,000

4.75p

25 April 2008 to 24 April 2018

 

313,333

3p

18 August 2008 to 17 August 2018



Enquiries:


Sarantel 


David Wither, Chief Executive Officer

01933 670 560

Sitkow Yeung, Finance Director

 

 

 

John East & Partners Limited

020 7628 2200

John East/Simon Clements

 

 

 

College Hill

020 7457 2020

Adrian Duffield/ Ben Way

 


Notes to Editors:

Sarantel (www.sarantel.com)

Sarantel is a leader in the design of high-performance miniature antennas for portable wireless applications including hand-held navigation, satellite radio and laptop computers.  


Sarantel's revolutionary ceramic filtering antennas offer dramatically improved performance over existing antenna designs, resulting in a clearer signal, better range and a 90 per cent reduction in the amount of signal radiation absorbed by the body. Because of their smaller size and higher capabilities, Sarantel's antennas enable manufacturers to create innovative high-volume consumer products incorporating technologies such as GPS, Wi-Fi, WiMax, 3G, GPRS, Satellite Radio and Bluetooth.



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