BIDS.L Regulatory News (BIDS)

12 Apr 2006 16:37

ADDleisure PLC12 April 2006 ADDleisure plc / Ticker: ADE.L / Index: AIM / Sector: Leisure 12 April 2006 ADDleisure plc ('ADDleisure' or 'the Company') Grant of options ADDleisure, the AIM traded company formed to develop products and services inthe health and leisure sectors, announces that it has today granted under theADDleisure EMI Scheme, in aggregate, 2,100,000 options to subscribe for ordinaryshares of 0.5p each in the Company at 5p per share to certain employees of theCompany. The options period is from the second anniversary of the date of thegrant and lasts until the tenth anniversary thereof. ** E N D S ** Contacts Isabel Crossley St. Brides Media & Finance Ltd Tel: 020 7242 4477 Ben Margolis ADDleisure plc Tel: 020 7449 1000 ADDleisure plc • Floated on AIM in October 2004, ADDleisure Plc believes that theincrease in awareness of the importance of physical health has resulted in anopportunity to develop and promote new highly differentiated offerings to theleisure industry as a whole, as well as market fitness products and services tothe millions of people who want to remain healthy but do not belong to gyms. • It made three initial investments in Fitbug Limited, LiberationFitness Systems Limited (distributors of the Power Plate fitness equipment) andDigital Plantation Limited (developers of Ez-Book intelligent booking software).The stake in Liberation Fitness Systems was recently sold for a substantialprofit. • The Company has a highly experienced management team, includingAllan Fisher, founder and former CEO of Holmes Place; David Turner, founder andformer director of LA Fitness plc; and David Cummin, founder and former directorof Membertrack Limited, a leading club membership software provider. This information is provided by RNS The company news service from the London Stock Exchange