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
16th Dec 201311:50 amPRNInvestment Update – Portr Limited
10th Dec 201311:51 amPRNPortfolio Update
12th Nov 20133:56 pmPRNInvestment in Portr Limited
4th Nov 201312:49 pmPRNStatement re Exercise of warrants
31st Oct 20132:30 pmPRNTotal Voting Rights
24th Oct 201311:34 amPRNResult of AGM
18th Oct 20133:47 pmPRNFurther re investment and placing
9th Oct 20133:30 pmPRNStatement re Investment and Placing
1st Oct 201310:23 amPRNStatement re Further Investment
30th Sep 20134:10 pmPRNTotal Voting Rights
30th Sep 20131:04 pmPRNFinal Results
19th Sep 20133:23 pmPRNStatement re Implementation of Investing Policy
11th Sep 20137:00 amPRNInvestment in Advance Laser Imaging Limited
5th Sep 20134:06 pmPRNFurther re Placing
2nd Sep 20139:57 amPRNTotal Voting Rights
19th Aug 201310:51 amRNSHolding(s) in Company
15th Aug 20133:36 pmPRNStatement re First Investment under new policy
15th Aug 20131:03 pmRNSUpdate re Placing to raise £300,000
9th Aug 20131:15 pmRNSPlacing to raise £300,000 - Replacement
9th Aug 201312:26 pmRNSPlacing to raise £300,000
31st Jul 20133:17 pmRNSReduction of Share Premium
11th Jul 201311:35 amRNSResult of General Meeting
18th Jun 201310:20 amRNSNotice of General Meeting
5th Mar 20134:15 pmPRNDirectorate Change
4th Feb 20137:00 amPRNChange of Website Address
31st Jan 20133:01 pmPRNTotal Voting Rights
25th Jan 20138:00 amRNSRestoration - Vela Technologies Plc
24th Jan 20133:51 pmPRNLifting of Suspension, Placing & Appointment of Director
21st Jan 20133:47 pmPRNChange of Name
15th Jan 20133:38 pmPRNResult of General Meeting
31st Dec 201210:01 amRNSHalf Yearly Report
24th Dec 201210:14 amRNSNotice of General Meeting
24th Dec 20127:34 amRNSAppointment of Advisers
5th Dec 20122:36 pmRNSResult of AGM
13th Nov 201211:05 amRNSPosting of Annual Report & Accounts
7th Nov 20124:40 pmRNSFinal Results for 15 months to 31 March 2012
27th Sep 20121:16 pmRNSUpdate on suspension
13th Aug 201211:00 amRNSSuspension - Asia Digital Holdings plc
13th Aug 201211:00 amRNSTemporary suspension
4th Jul 20124:47 pmRNSDGM India Disposal Completion
28th Jun 20127:00 amRNSCompletion of Disposal
13th Jun 20121:33 pmRNSUpdate on Disposals
28th May 201212:13 pmRNSResult of General Meeting
3rd May 201210:20 amRNSPublication and Posting of Circular
17th Apr 20125:45 pmRNSDisposal of Assets and Closure of ADH China
4th Apr 20125:06 pmRNSDisposal of DGM India Internet Marketing Limited
25th Jan 20123:08 pmRNSStmnt re Share Price Movement
2nd Dec 20117:00 amRNSTrading Update and Strategic Review
19th Sep 20117:00 amRNSInterim Results
5th Aug 20117:00 amRNSSale of equity stake in DC Storm Ltd

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.