Last checked at 1 May 2009 13:19
| For Immediate Release | 1 May 2009 |
Ideal Shopping Direct PLC
(the 'Company')
Grant of Share Options
Ideal Shopping Direct Plc announces that on 1 May 2009, Ian Jebson, Finance Director of the Company was granted options over ordinary shares of 3p each in the Company under the Unapproved Share Option Scheme 2000, as detailed below.
| Tranche | Number of shares | Exercise price | Exercise period |
| 1 | 166,666 | 34p | 2 years from date of announcement of Company's results for 2009 |
| 2 | 166,667 | 34p | 2 years from date of announcement of Company's results for 2010 |
| 3 | 166,667 | 34p | 2 years from date of announcement of Company's results for 2011 |
The above options vest subject to specific performance conditions. Following this grant of options Mr Jebson has a total of 500,000 options over ordinary shares of 3p each in the Company under the Unapproved Share Option Scheme 2000.
For further information please contact:
| Paul Wright, Chairman Mike Hancox, Chief Executive | |
| Ideal Shopping Direct | 020 7466 5000 |
| Michael Meade, Oliver Cardigan - Nominated Adviser Mark Lander - Corporate Broking | 020 7260 1000 |
| Numis Securities | |
| Richard Darby, Miranda Higham | |
| Buchanan Communications | 020 7466 5000 |