Director/PDMR Shareholding

RNS Number : 8808Z

Ten Alps PLC

25 July 2008

 

Ten Alps plc

GRANT OF OPTIONS TO DIRECTORS

Ten Alps plc (the 'Company') announces that on 24 July 2008 it agreed to grant options over a total of 550,000 new ordinary shares of 2p each at a price of 55p per share to certain directors of the Company. A total of 400,000 shares have been granted under the Company's EMI Share Option Scheme ('EMI') and the remaining 150,000 were granted under the Company's Unapproved Share Option Scheme ('USOS') as detailed below.  

The EMI and USOS options will vest between 25 July 2011 and 25 July 2018. There are no performance conditions required to be satisfied pursuant to vesting / exercise.

The details are as follows:

Directors	New EMI options   granted	New USOS options granted	Total number of EMI options now held	Total number of USOS options now held	Percentage of issued share capital
Alex M Connock	200,000	0	448,750	0	>0.01%
Nitil Patel	200,000	0	448,750	0	>0.01%
Sir Bob Geldof KBE	0	150,000	0	398,750	>0.01%

25 July 2008

For further information contact:

Ten Alps plc

Nitil Patel, FD                 0207 8782311

Email: [e-mail]

Collins Stewart Europe Limited

Mark Connelly                   020 7523 8350

 

END

 

 

RDSPUUWCMUPRURA