Last checked at 19 Apr 2013 07:30
First Derivatives plc
("First Derivatives" or the "Company")
Directors' grant of options
First Derivatives (AIM: FDP.L, IEX:GYQ.I), a leading provider of software and consulting services to the capital markets industry, is pleased to announce that, upon the recommendation of the Company's Remuneration Committee, the Board yesterday granted Graham Ferguson, Chief Finance Officer, options over a total of 150,000 ordinary shares of 5p each in the Company (the "Options"). In addition, Kevin Cunningham, Executive Director, has been granted a further 60,000 Options as detailed below:
Director | No. of Options Granted | Exerciseprice (p) | Exerciseperiod | Total No. of Options held |
Graham Ferguson | 150,000 | 565 | 2014 - 2020 | 500,000 |
Kevin Cunningham | 60,000 | 565 | 2013 - 2020 | 60,000 |
The Options are exercisable at 565 pence per ordinary share which, being the closing mid market price on the date prior to grant. The Options will vest, subject to certain performance criteria.
Enquiries:
First Derivatives plc | +44(0)28 3025 2242 |
Brian Conlon, Chief Executive | www.firstderivatives.com |
Graham Ferguson, Chief Financial Officer | |
Charles Stanley SecuritiesNominated Adviser and Broker | +44 (0)20 7149 6000 |
Russell Cook | |
Carl Holmes | |
Goodbody Corporate FinanceESM Adviser and Broker | +353 1 667 0420 |
Diane Hodgson | |
Linda Hickey | |
Walbrook PR | +44 (0)20 7933 8780 |
Bob Huxford | |
Paul Cornelius |