23 Jun 2010 14:52
Vitesse Media plc ("the Company"or "Vitesse")
Issue of share options
The Company has today granted options under the terms of the Enterprise Management Incentive ("EMI") share option scheme (except where indicated) to the following individuals:
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| Options over no. of shares | Option scheme | Exercise price |
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| Directors: |
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| Leslie Copeland | 480,191 | EMI scheme | 9 pence |
| Nikki Baker | 300,000 | EMI scheme | 9 pence |
| Leslie Copeland | 169,203 | Unapproved share option scheme | 9 pence |
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| Management: |
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| Employee | 140,000 | EMI scheme | 9 pence |
Prior to the grant of the above options, Leslie Copeland, Nikki Baker and an employee have surrendered and released Vitesse from any obligation in respect of the following share options which were previously granted to them:
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| Options over no. of shares | Option scheme | Exercise price |
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| Leslie Copeland | 119,394 | EMI scheme | 12.56 pence |
| Leslie Copeland | 100,000 | EMI scheme | 14.5 pence |
| Leslie Copeland | 30,000 | EMI scheme | 32.0 pence |
| Leslie Copeland | 50,000 | EMI scheme | 30.5 pence |
| Leslie Copeland | 37,940 | EMI scheme | 24.5 pence |
| Leslie Copeland | 142,857 | EMI scheme | 14.0 pence |
| Leslie Copeland | 12060 | Unapproved share option scheme | 24.5 pence |
| Leslie Copeland | 100,000 | Unapproved share option scheme | 22.5 pence |
| Leslie Copeland | 50,000 | Unapproved share option scheme | 30.5 pence |
| Leslie Copeland | 7,143 | Unapproved share option scheme | 14.0 pence |
| Nikki Baker | 100,000 | EMI scheme | 22.5 pence |
| Nikki Baker | 50,000 | EMI scheme | 30.5 pence |
| Nikki Baker | 150,000 | EMI scheme | 14.0 pence |
| Employee | 5,000 | EMI scheme | 22.5 pence |
| Employee | 5,000 | EMI scheme | 24.5 pence |
| Employee | 5,000 | EMI scheme | 22.5 pence |
| Employee | 25,000 | EMI scheme | 30.5 pence |
| Employee | 100,000 | EMI scheme | 14.0 pence |
Contacts:
| Sarah Williams | Vitesse Media plc | 020 7250 7010 |
| Leslie Copeland | Vitesse Media plc | 020 7250 7010 |
| Nandita Sahgal / David Foreman | Seymour Pierce Limited | 020 7107 8000 |
Ends