22 Dec 2006 12:34
Yoomedia PLC22 December 2006 YooMedia plc ("YooMedia" or the "Company") Director's Dealings YooMedia granted 26,550,000 share options, in total, to certain of its employees("Options") on 21 December 2006 under the existing unapproved share optionscheme. The exercise price of the Options is 1.85p per share. Each recipient mayexercise up to 30% of the Options six months after the date of grant and theremainder 18 months from the date of grant. Neil MacDonald, a director of the Company, is receiving 7,500,000 of theOptions. Mr MacDonald is now interested in options to subscribe to 9,084,250ordinary shares. In addition, the Company was notified on 21 December 2006 that an ex-employeehad served notice of his intention to exercise 19,106 share options at a priceof 1p each, in accordance with the terms of the appropriate share optionagreement. Application has today been made for the admission of 4,477,436 new ordinaryshares of 1p each in the Company to trading on the AIM market of the LondonStock Exchange. This application arises from the exercise of share optionsmentioned above and a discrepancy in the number of ordinary shares registeredwith the Company's share registrar and the number of shares listed on the LondonStock Exchange. It is expected that Admission will become effective and thatdealings in the new ordinary shares on AIM will commence on 3 January 2007. This information is provided by RNS The company news service from the London Stock Exchange