Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVela Technologies Regulatory News (VELA)

  • There is currently no data for VELA

Share Options

18 Apr 2011 07:00

RNS Number : 0573F
Asia Digital Holdings PLC
18 April 2011
 



Press Release

18 April 2011

 

Asia Digital Holdings Plc

("ADH" or the "Company")

 

Share Options

 

Asia Digital Holdings plc (AIM: ADH.L), an independent online marketing group, announces that 21,183,333 of the outstanding 64,090,000 share options held by Directors and employees of the Company under an approved Company share option scheme have been re-priced with an exercise price of 0.5 pence per option. Save for the re-pricing, no other changes to the terms of the options have been made.

 

The replacement of share options was part of several initiatives proposed by the Board in December to generate cost savings and align staff with shareholders interests, subject to a review carried out by Northland Capital Partners (the Company's Nominated Adviser) who consider the proposition to be fair and reasonable in so far as the shareholders are concerned.

 

The replacement of share options has only been put into effect as of 14 April 2011 due to the Company being in a closed period. The share options will be fully vested on the second anniversary of date of issue.

 

The number of share options, which are the subject of the re-pricing, held by the members of the Board remains unchanged as follows:

Adrian Moss

17,400,000

David Lees

1,750,000 

Keith Lassman

1,250,000

 

- Ends -

 

 

For further information, please contact:

 

Asia Digital Holdings plc

Adrian Moss, Chief Executive

www.adhplc.asia

 

Northland Capital Partners Limited

Tel: +44 (0) 20 7492 4750

Gavin Burnell / Rod Venables (Nominated Adviser)

Katie Shelton (Corporate Broking)

www.northlandcp.co.uk

 

Abchurch Communications

Julian Bosdet / Claire Dickinson

Tel: +44 (0) 20 7398 7718

claire.dickinson@abchurch-group.com

www.abchurch-group.com

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSDKADKOBKKFQD
Date   Source Headline
11th Jul 20087:40 amRNSAGM Statement
11th Jun 20087:00 amRNSNotice of AGM
2nd Jun 20087:00 amRNSChange of Adviser
18th Apr 20087:00 amRNSFinal Results
7th Feb 20087:00 amRNSRemuneration Change
21st Jan 20087:01 amRNSContract win with Citibank
20th Dec 20077:00 amRNSBoard Changes
12th Dec 200710:05 amRNSTrading Statement
12th Dec 200710:01 amRNSMBO of UK business
26th Sep 20077:01 amRNSInterim Results
31st Aug 20073:02 pmRNSTrading Update- Correction
28th Aug 20071:30 pmRNSTrading update / Placing
17th Aug 20079:30 amRNSAIM Rule 26 Information
19th Jun 20074:57 pmRNSGrant of Options
19th Jun 20074:49 pmRNSChange of Name
19th Jun 20071:04 pmRNSResult of AGM
25th Apr 200711:50 amRNSAppointment FD - amendment
25th Apr 200710:30 amRNSAppointment Finance Director
19th Apr 200710:29 amRNSDirector/PDMR Shareholding
11th Apr 20077:02 amRNSFinal Results
29th Mar 20072:13 pmRNSHolding(s) in Company
7th Feb 20077:01 amRNSPre-close Statement
28th Dec 20063:45 pmRNSTotal Voting Rights
28th Dec 20063:43 pmRNSAdditional Listing
22nd Dec 200611:48 amBUSRule 8.3 - DEAL GROUP MEDIA PLC
18th Dec 200612:01 pmBUSRule 8.3 - DEAL GROUP MEDIA PLC
15th Dec 20063:25 pmBUSRule 8.3 - Deal Group Media
13th Dec 20069:11 amRNSEPT Disclosure
12th Dec 20069:04 amRNSEPT Disclosure
7th Dec 200610:30 amRNSEPT Disclosure
5th Dec 20062:48 pmBUSRule 8.3 - DEAL GROUP MEDIA PLC
5th Dec 200610:51 amRNSEPT Disclosure
4th Dec 20062:25 pmBUSRule 8.3 - DEAL GROUP MEDIA PLC
1st Dec 20061:59 pmBUSRule 8.3 - DEAL GROUP MEDIA PLC
30th Nov 200611:50 amBUSRule 8.3 - Deal Group Media Plc
30th Nov 200610:29 amRNSEPT Disclosure
28th Nov 200612:42 pmBUSRule 8.3 - DEAL GROUP MEDIA PLC
24th Nov 200612:45 pmBUSRule 8.3 - DEAL GROUP MEDIA PLC
24th Nov 20069:16 amRNSEPT Disclosure
23rd Nov 200612:47 pmBUSRule 8.3 - DEAL GROUP MEDIA PLC
21st Nov 20069:59 amRNSEPT Disclosure
20th Nov 200611:58 amBUSRule 8.3 - DEAL GROUP MEDIA PLC
17th Nov 200612:14 pmBUSRule 8.3 - Deal Group Media plc
13th Nov 200610:22 amRNSEPT Disclosure
31st Oct 200611:55 amBUSRule 8.3 - Deal Group Media plc
31st Oct 200611:24 amRNSEPT Disclosure
27th Oct 200612:28 pmBUSRule 8.3 - Deal Group Media plc
13th Oct 200611:49 amBUSRule 8.3 - DEAL GROUP MEDIA PLC
6th Oct 200611:30 amRNSEPT Disclosure
2nd Oct 200611:12 amRNSEPT Disclosure

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.