30 Apr 2014 15:49

Westside Investments plc / Ticker: WST.L / Index: AIM / Sector: Investment
Â
Westside Investments plc ('Westside' or 'the Company')
Grant of Options & Director Shareholding
Â
Â
Westside Investments plc, the AIM listed investment vehicle announces that it has issued a total of 20,000,000 options over ordinary shares to certain key executives and employees of Westside who are engaged in the development of the child-friendly, football focussed social network dedicated to children aged 7 to 17. These options are exercisable for 7 years from the date of grant at an exercise price of 0.275 pence per ordinary share.
Â
In addition, the Company was informed on 30 April 2014 that, on that date, Mr. David Hillel, Finance Director of the Company, transferred a total of 3,500,000 ordinary shares in the Company held in the Hillel Family SIPP to his own name at a price of 0.25 pence per share. Following this transfer, Mr. Hillel remains interested in a total of 6,053,128 ordinary shares representing 0.46 per cent of the issued share capital of the Company.
Â
Â
**ENDS**
Â
For further information please visit www.westsideinvestments.co.uk or contact:
Geoffrey Simmonds | Westside Investments Plc | Tel: 020 7935 0823 |
Mark Percy | Cantor Fitzgerald Europe | Tel: 020 7894 7000 |
Catherine Leftley | Cantor Fitzgerald Europe | Tel: 020 7894 7000 |
Isabel de Salis | St Brides Media & Finance Ltd | Tel: 020 7236 1177 |
Charlotte Heap | St Brides Media & Finance Ltd | Tel: 020 7236 1177 |
Â