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Last checked at 
28 Nov 2013 16:29
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For immediate release
28 November 2013
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Sarantel Group Plc
("Sarantel" or the "Company")
Grant of Options
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The Company announces that it has today granted options to the following Directors to subscribe for a total of 30 million new ordinary shares at an exercise price of 0.4p (being the closing mid-market price on 27 November 2013, being the last practicable date prior to the grant of options) expiring seven years from the date of grant and which vest immediately:
David LenigasΒ | 10 million |
Donald Strang | 10 million |
David Wither | 10 million |
TotalΒ | 30 million |
The options represent approximately 4.9 per cent. of the current issued ordinary share capital of the Company.
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Enquiries:
Sarantel Group PLC | |
Donald Strang | Tel: 020 7440 0640 |
Beaumont Cornish (Nominated Adviser) | |
Roland Cornish / Michael Cornish / Emily Staples | Tel: 020 7628 3396 |
XCAP Securities PLC (Corporate Broker) | Tel: 020 7101 7070 |
David Lawman |
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ENDS
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