Grant of Options
31 5월 2007 - 8:47PM
UK Regulatory
RNS Number:5190X
Equity Pre-IPO Investments Ltd
31 May 2007
Equity Pre-IPO Investments Ltd
Grant of options
On 30 May 2007, Kenneth West, a member of the Investment Advisory Panel of
Equity Pre-IPO Investments Limited (the 'Company'), was granted options
exercisable over 50,000 ordinary shares of 1p each ('Ordinary Shares') under the
discretionary Share Option Plan. In the Company's Admission Document of 18
February 2005, it was stated that Kenneth West would be granted options under a
share option plan every six months (commencing on Admission) to subscribe for
such number of Ordinary Shares as shall be considered appropriate by the Board.
No options have been granted to date and this award fulfils this requirement for
the period from the date of admission to trading on AIM to 24 August 2007.
The options are exercisable at a price of 26 pence per Ordinary Share (being the
closing middle market quotation on the day of the date of grant). These options
will not be exercisable until after six months following the date of this grant
and will thereafter remain exercisable for a period of 10 years.
Following the grants of these options, Kenneth West's holding in the Company is
unchanged at nil Ordinary Shares. This is the first grant of options by the
Company.
For further information please contact:
Martin Shires:
Director Tel: 01481 751000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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