Last checked at 21 Dec 2011 07:00
21 December 2011
AIM: AEG
ACTIVE ENERGY GROUP PLC
("Active Energy" or "the Group" or "the Company")
Issue of Options
The Company announces that it has granted the following share options (the "Options") to Gavin Little (Chairman), Philip Palmer (Chief Executive Officer) and Christopher Foster (Executive Director) (together, the "Directors");
Number of options | |
Gavin Little | 3,000,000 |
Philip Palmer | 3,000,000 |
Christopher Foster | 3,000,000 |
The Options have been issued with an exercise price of 7.5 pence. The Options vest immediately and are exercisable until 21 December 2018.
Following the issue of the Options, the Directors will hold the following share options;
Exercise Price (pence) | Number of Options | Date Granted | Exercisable Until | |
Gavin Little | 7.5 | 3,000,000 | 20/12/2012 | 21/12/2018 |
Consortia Trustees** | 7.5 | 3,000,000 | 20/12/2012 | 21/12/2018 |
20 | 168,000 | 02/02/2010 | 02/02/2020 | |
1 | 450,000 | 29/06/2007 | 06/06/2017 | |
7 | 857,142 | 29/06/2007 | 06/06/2017 | |
Christopher Foster | 7.5 | 3,000,000 | 20/12/2012 | 21/12/2018 |
20 | 336,000 | 02/02/2010 | 02/02/2020 | |
6.375 | 1,823,480 | 22/05/2009 | 22/05/2019 | |
7 | 357,142 | 29/06/2007 | 06/06/2017 | |
1 | 500,000 | 29/06/2007 | 06/06/2017 |
** The options held by Consortia Trustees Limited are held on behalf of a discretionary trust, beneficiaries of which include the family of P E Palmer.
Enquiries:
Active Energy Group Plc Gavin Little, Executive Chairman |
Tel: 07508 037 877 |
Christopher Foster, Executive Director | Tel: 07525 68 8741 |
Office | Tel: 020 7491 9533 |
Merchant Securities Limited (Nominated Adviser and Broker) | |
Simon Clements | Tel: 020 7628 2200 |