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Issue of Share Options

14 Oct 2010 17:39

RNS Number : 4405U
@UK PLC
14 October 2010
 



 

 

 

Immediate

14 October 2010

 

@UK PLC

("@UK" or the "Company")

 

Share Options

 

@UK (AIM: ATUK.L), today announces the award of share options to staff.

 

The Company has today granted options over 2,800,000 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") to staff at an exercise price of 3.5 pence per Ordinary Share compared to the closing mid-market share price immediately prior to the award of the options of 3.5p (being the closing price on 13 October 2010). The options will be exercisable from the third anniversary of the date of grant and will expire unless exercised on or before 10 years from the date of grant.

 

 

For further information please contact:

 

Enquiries:

@UK PLC

Ronald Duncan

Chairman

Tel: 0118 963 7000

 

Beaumont Cornish Limited

Roland Cornish

Tel 0207 628 3396

 

Threadneedle Communications

Caroline Evans-Jones, Alex White

Tel 020 7653 9850

 

Quick Links

@UK PLC website http://www.uk-plc.net

@UK PLC Company Formation site http://www.companyregistration.uk-plc.net/

@UK PLC Spend Analysis http://www.spendinsight.com/

 

Notes to Editors

 

@UK PLC is the UK market leader in Platform as a Service using Platform Generator and provides secure cloud based ecommerce, eprocurement and email services to business and the public sector with over 1 million users.

 

Platform Generator provides a leading UK electronic marketplace, has formed over 200,000 companies using the SiteGenerator ecommerce engine. @UK's SiteGenerator ecommerce, part of the Platform Generator, allows suppliers to trade with all major finance systems, @UK's marketplace and other leading marketplaces.

 

@UK has a Buying Solutions framework contract for the provision of its new "Spend Insight™" Spend Analysis services, that allows its services to purchased by any public sector body with out the requirement for a further tendering process. @UK has analysed over £ 100 billion in spend through SpendInsight™. SpendInsight provides the data for @UK PLC GreenInsight environmental analysis system and @UK PLC e2class database of 3.6 million classified items with environmental data.

 

@UK provides professional classification by Coding International a wholly owned subsidiary of @UK to e2class and a certified carbon neutral program. The carbon footprint data is provided by CenSA under its agreement with @UK.

 

@UK's Platform Generator software speeds up secure software development and allows @UK to provides a secure internet eMarketplace enabling buyers such as local authorities, schools and hospitals to buy online from commercial suppliers ranging from large corporations to small to medium enterprises ("SMEs"). This allows buying and selling to take place with no paperwork and a reduced chance of errors through transposition, achieving major savings throughout the supply chain.

 

@UK has a key competitive advantage as an ecommerce based marketplace it ensures that prices are correct from requisition through to payment, where catalogue based marketplaces are unable to support carriage, complex pricing and configurable products.

 

@UK also offers services to new businesses, including incorporation, company secretarial services and filing annual returns.

 

@UK is included in the Software and Computer Services Sector (9530). For further information please visit www.uk-plc.net

 

 

ENDS

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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