share options..8 Feb 2019 08:16
It has share options outstanding over 160,000 Existing Ordinary Shares exercisable at a price of 20 pence per Ordinary Share, equivalent, following completion of the Share Reorganisation, to 8,000 New Ordinary Shares at an exercise price of 400 pence per New Ordinary Share.
The Directors believe that the success of the Company will depend to a high degree on the future performance of key employees in executing the Company's growth strategy. The Company has therefore established, with effect from First Admission, the Share Option Scheme as an important means of retaining, attracting and motivating key employees and contractors, and also for aligning the interests of the management team with those of Shareholders.