Ithaca Energy Regulatory News (ITH)

15 Jan 2008 17:09

ITIS Holdings PLC15 January 2008 ITIS Holdings plc (the 'Company')Grant of share options The Company announces that, on 14 January 2008, it granted options over its 2pOrdinary Shares under the Company's existing share option schemes to thefollowing directors: +--------------------+--------------------+--------------------+-------------------------+| Director | Number of options| Exercise price| Vesting period|+--------------------+--------------------+--------------------+-------------------------+| Jonathan Burr| 500,000| 41.25p| Various - Commencing no|| | | | earlier than 14/01/2009|| | | | and expiring no later|| | | | than 13/01/2018|| | | | || | | | |+--------------------+--------------------+--------------------+-------------------------+| Andrew Forrest| 500,000 | 41.25p| Various - Commencing no|| | | | earlier than 14/01/2009|| | | | and expiring no later|| | | | than 13/01/2018|| | | | || | | | |+--------------------+--------------------+--------------------+-------------------------+ Jonathan Burr currently has 166,665 ordinary shares of 2p in the Company. He also has prior to this new issue 1,000,000 share options with an exerciseprice of 7.5 pence over the Company's ordinary shares of 2p, which areexercisable at any time between now and 1 December 2012, and 500,000 shareoptions with an exercise price of 76.9 pence over the Company's ordinary sharesof 2p, which are exercisable at any time between 18 June 2008 and 17 June 2017. Andrew Forrest currently has 426,126 ordinary shares of 2p in the Company. He also has prior to this new issue 100,000 share options with an exercise priceof 24.7 pence over the Company's ordinary shares of 2p and which are exercisableat any time between now and 21 June 2014. Date of Grant: 14 January 2008. Enquiries: ITIS Holdings plc Andrew Forrest, Finance Director Tel: 0161 929 5788 This information is provided by RNS The company news service from the London Stock Exchange