Vela Technologies Regulatory News (VELA)

7 Feb 2008 07:00

Deal Group Media PLC07 February 2008 Press Release 7 February 2008 Deal Group Media plc ("DGM" or "the Group") Remuneration Change Deal Group Media plc (AIM: DGM), an independent online marketing group, todayannounces that, in consideration of non-Executive Directors foregoing part oftheir salary, on 5 February 2008 options over ordinary shares of 1 pence each ("Share Options") were granted: Share Options granted New total number of options held on 5 February 2008David Lees 1,000,000 1,750,000Keith Lassman 500,000 1,250,000Dominic Trigg 500,000 1,250,000 The options have been granted with an exercise price of 1.125 pence per ordinaryshare (which represents the closing share price as at 5 February 2008) and willvest over two years. All staff and directors are being offered replacement share options which willvest over a two year period. The exercise price of these options will be theprevailing market price at the time of grant. If accepted, these will replaceexisting share options and are being offered to incentivise staff. Adrian Moss, Chief Executive of DGM, said: "We want to make sure that ourDirectors and staff are aligned with the Group's strategy and objectives todeliver long-term growth." -Ends- For further information, please contact:Deal Group Media plcAdrian Moss, CEO Evolution Securities LimitedTom Price, Corporate Finance Tel: +44 (0) 20 7071 4300 Jeremy Ellis, Corporate Finance www.uk.evosecurities.com Abchurch Communications Ariane Comstive / Franziska Boehnke Tel: +44 (0) 20 7398 7705franziska.boehnke@abchurch-group.com www.abchurch-group.com This information is provided by RNS The company news service from the London Stock Exchange