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
10th Sep 20214:40 pmRNSSecond Price Monitoring Extn
10th Sep 20214:35 pmRNSPrice Monitoring Extension
9th Sep 20212:05 pmRNSSecond Price Monitoring Extn
9th Sep 20212:00 pmRNSPrice Monitoring Extension
9th Sep 20217:33 amRNSUpdate re. St George Street Capital COVID-19 trial
8th Sep 20214:41 pmRNSSecond Price Monitoring Extn
8th Sep 20214:36 pmRNSPrice Monitoring Extension
7th Sep 20217:00 amRNSExercise of warrants and issue of equity
1st Sep 20217:00 amRNSAppointment of director
27th Aug 20214:41 pmRNSExercise of warrants and issue of equity
18th Aug 20217:00 amRNSUpdate re. St George Street Capital COVID-19 Trial
30th Jul 20215:00 pmRNSTotal Voting Rights
27th Jul 20218:32 amRNSCompletion of investment in Northcoders Group plc
23rd Jul 20217:00 amRNSUpdate re proposed board appointment
22nd Jul 20218:35 amRNS£750,000 investment in Northcoders Group plc
19th Jul 20219:12 amRNSExercise of warrants and issue of equity
9th Jul 202110:53 amRNSUpdate re. St George Street Capital COVID-19 Trial
7th Jul 20213:09 pmRNSExercise of warrants and issue of equity
6th Jul 20212:34 pmRNSExercise of warrants and issue of equity
12th Apr 20217:00 amRNSReplacement: Update re. St George Street Capital
9th Apr 20212:43 pmRNSSale of North Peak & update on investment activity
8th Apr 20214:00 pmRNSUpdate re. St George Street Capital COVID-19 trial
8th Apr 20217:00 amRNSHolding(s) in Company
6th Apr 20215:55 pmRNSUpdate re. investment in Cornerstone FS plc
30th Mar 20217:00 amRNSExercise of warrants and issue of equity
25th Mar 20212:15 pmRNS£200,000 investment in MTI Wireless Edge Ltd
11th Mar 20211:11 pmRNSResult of General Meeting and Total Voting Rights
2nd Mar 20211:03 pmRNSFurther investment in Mode Global Holdings plc
25th Feb 20213:03 pmRNS£350,000 pre-IPO investment in Aeristech
25th Feb 202111:46 amRNSExercise of warrants and issue of equity
23rd Feb 20217:00 amRNSProposed Placing to raise £1.5m and Notice of GM
19th Feb 20211:22 pmRNSUpdate re. investment in Kanabo Group plc
18th Feb 20217:00 amRNSExercise of warrants and issue of equity
17th Feb 20212:05 pmRNSSecond Price Monitoring Extn
17th Feb 20212:00 pmRNSPrice Monitoring Extension
16th Feb 20218:33 amRNSCompletion of investment in Kanabo Group plc
2nd Feb 202112:11 pmRNS£150,000 investment in Kanabo Group plc
22nd Jan 20217:00 amRNSDisposal of holding in BlockchainK2 Corp
11th Jan 20217:00 amRNSUpdate re. St George Street Capital COVID-19 trial
8th Jan 202111:05 amRNSSecond Price Monitoring Extn
8th Jan 202111:00 amRNSPrice Monitoring Extension
7th Jan 20214:41 pmRNSSecond Price Monitoring Extn
7th Jan 20214:36 pmRNSPrice Monitoring Extension
30th Dec 202011:05 amRNSSecond Price Monitoring Extn
30th Dec 202011:00 amRNSPrice Monitoring Extension
18th Dec 20207:00 amRNSUpdate re. St George Street Capital COVID-19 trial
4th Dec 202012:52 pmRNS£200,000 investment in Cornerstone FS plc
1st Dec 20207:00 amRNSTotal Voting Rights
20th Nov 202011:00 amRNSPrice Monitoring Extension
10th Nov 20203:10 pmRNSHolding(s) in Company

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.