26 Nov 2007 11:47
Motive Television Plc
Issue of options / directors dealings
The board of the Company announce that on 22 November 2007 it issued a total of 8,250,000 options over the ordinary share capital of the Company. The options may be exercised at any time until the tenth anniversary of their grant. The options are exercisable at a price of 0.95 pence per share.
Directors dealing
Included in the grant of options referred to above are the following grants todirectors:- Options Number of Number of % of issued granted 22 Options held ordinary share capital November as at date of shares held 2007 this at date of announcement this announcement Michael Pilsworth 1,000,000 3,500,000 2,583,333 1.3% Alistair King 1,000,000 2,000,000 1,500,000 0.8% Ian Buckley 500,000 3,000,000 1,666,668 0.9% Michael O'Rourke* 250,000 750,000 23,119,047 11.9% Leonard Ryan* 250,000 750,000 833,333 0.4%
Mr O'Rourke and Mr Ryan also control Setanta Sport (Irl) Limited, a company that has an interest in 7,773,333 ordinary shares in the Company.
The issued share capital of the Company comprise of 195,020,952 ordinary shares of 0.1 pence each.
For further information contact:
Michael Pilsworth, Chairman Motive Television Plc +44 7968 008836
Liam Murray, Nominated City Financial Associates +44 (0)20 7492 4777 Adviser
Limited
Website: www.motivetelevision.co.uk
MOTIVE TELEVISION PLC