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10 Feb 2012 08:54
Mobile Tornado Group plc
("Mobile Tornado" or the "Company")
Directors' Options
The Board of Mobile Tornado (AIM: MBT) has awarded options to Directors as follows:
Director | No of options | Exercise Price |
Jeremy Fenn | 3,000,000 | 7.5pence |
Jorge Pinievsky | 3,000,000 | 7.5pence |
The options may not be exercised prior to 3 January 2015 (save as may be provided under the Rules of the Scheme) or after 3 January 2022.
Following this award Jeremy Fenn has 7,670,396 Ordinary Shares of 2p in Mobile Tornado representing 4.1% of the issued share capital, and 3,000,000 options.
Jorge Pinievsky has 9,168,624 Ordinary Shares of 2p in Mobile Tornado representing 5.0% of the issued share capital, and 3,000,000 options.
For further details please contact:
Mobile Tornado Group plc | |
Jeremy Fenn, Chief Executive
| +44 (0) 7734 475888 |
Northland Capital Partners Limited | +44 (0)20 7996 8800 |
Shane Gallwey / Gavin Burnell |
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