27 Jul 2012 07:00
Vitesse Media plc
(the "Company")
Grant of Options
Vitesse Media PLC (AIM: VIS), the AIM quoted media business, announces that the Company has today granted options to acquire new ordinary shares of 1p each in the Company (the "Options") to the following Directors:
Niki Baker | 250,000 Options |
Jonathan Sumner | 150,000 Options |
The Options are exercisable at 4 pence per share, being the mid-market closing price on 26 July 2012. The Options will vest on the expiry of a period of three years. The exercise period runs until 26 July 2022.
Following this grant, the Company has a total of 2,648,394 Options in issue.
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Enquiries:
Vitesse Media Plc | |
Executive Chairman: Sara Williams | 020 7250 7010 |
Westhouse Securities Limited | |
Tom Price, Martin Davison | 020 7601 6100 |
Kreab Gavin Anderson | |
Robert Speed, Anthony Hughes | 020 7074 1800 |