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New Trend Lifestyle (NTLG)

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Wednesday 31 July, 2013

New Trend Lifestyle

Issue of Options to Directors

RNS Number : 5290K
New Trend Lifestyle Group plc
31 July 2013
 



 

New Trend Lifestyle Group plc

("NTL" or "The Company")

 

Grant of Options

 

The Company announces that it has granted options over 600,000 ordinary shares in the capital of the Company (representing 0.6 per cent. of the issued share capital) to be divided equally among each of Robert Goddard, Ajay Rajpal, James Tan and Master Phang; each of whom is a director of the Company.

The exercise price of the options is 8p per share, which is a 45.5% premium over the market price at the close of business on 30 July 2013 of 5.5p.

In recognition of their service over the last year the options may be exercised at any time after the moment of grant until the 10th anniversary of grant, at which time any unexercised options will be cancelled. 

 

For further information:

 

New Trend Lifestyle PLC                                                     0207 653 9850

Robert Goddard, Chairman

Ajay Rajpal, Interim CFO

James Tan, Non Executive Director

 

Zeus Capital (NOMAD and broker)

Corporate Finance                                                                    0161 831 1512

Ross Andrews

Andrew Jones

Institutional Sales                                                                      020 7533 7716

John Goold

 

NewgateThreadneedle

Alex White/ Heather Armstrong                                                020 7653 9850

 

About New Trend Lifestyle

The Company was established in 2005 by Master Hillary Phang. NTL's FengShui services include building and office design consultancy, astrology readings, marriage matching, aura readings and business talks and seminars for large corporations.  These have recently been complemented by Tarot Cards readings and an on-line dating service using FengShui principles.

NTL is one of the leading branded FengShui consultancies in Asia, selling its services to a mixture of high profile businessmen, political figures, business enterprises and the general public. It provides lifestyle guidance to customers, which leads to the provision of a number of products and services.

FengShui is endemic in Chinese communities throughout the world and influences many aspects of personal, business and even Government activities and is the basis on which the Company has created a profitable business with a strong brand and deep-seated cultural drivers.


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