Last checked at 21 Dec 2011 07:00

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21 December 2011
AIM: AEG
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ACTIVE ENERGY GROUP PLC
("Active Energy" or "the Group" or "the Company")
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Issue of Options
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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");
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Number of options | |
Gavin Little | 3,000,000 |
Philip Palmer | 3,000,000 |
Christopher Foster | 3,000,000 |
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The Options have been issued with an exercise price of 7.5 pence. The Options vest immediately and are exercisable until 21 December 2018.
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Following the issue of the Options, the Directors will hold the following share options;
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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 |
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** 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.
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Enquiries:
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Active Energy Group Plc Gavin Little, Executive Chairman | Â 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 |
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