Last checked at 14 Mar 2011 17:01
Maintel Holdings Plc ("Maintel" or "the Company")
Directors' share options
On 11 March 2011 the directors granted to Dale Todd, the Company's Finance Director, an option over 10,000 shares, which equates to 0.1% of the issued share capital of the Company, with an exercise price of 200p. The option vests and may be exercised from the date of grant. The option expires on 11 March 2021.
Mr Todd currently holds 4,748 shares in the Company beneficially, has an existing option over 20,000 shares and is interested in 63,918 shares in his capacity as a trustee of the Maintel Holdings Plc Share Incentive Plan.
In aggregate, options have been issued over 299,545 shares, being 2.86% of the current issued share capital. The number of shares under option and the vesting and exercise prices may be adjusted at the discretion of the Remuneration Committee in the event of a variation in the issued share capital of the Company.
14 March 2011
Enquiries:
Dale Todd - Finance Director 020 7401 0562
FinnCap
Marc Young 020 7600 1658