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Grant of Options

3 Apr 2009 07:00

RNS Number : 0670Q
Ten Alps PLC
03 April 2009
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ο»Ώ

3 AprilΒ 2009

Ten Alps plcΒ ('TenΒ Alps' or the 'Company')

Grant of Options

Factual media companyΒ Ten Alps plcΒ - producing TV, online and print - hasΒ granted options, on 2 April 2009,Β over a total of 276,000Β new ordinary shares of 2p each at a price of 27p per share to certain directors of the Company under the Company's Unapproved Share Option Scheme ("USOS") as detailed below.

The USOS options will vest between 3Β AprilΒ 2012 andΒ 02 AprilΒ 2019. There are no performance conditions required to be satisfied pursuant to vesting / exercise.

The detailsΒ of the options granted to directors are as follows:

Directors

New USOS options granted

Total number of USOS options now held

Total number of EMI options now held

Total number of options now held

AlexanderΒ M Connock

92,000

492,000

248,750

740,750

Sir Bob Geldof KBE

92,000

690,750

-

690,750

Nitil Patel

92,000

492,000

248,750

740,750

Adrian James Dunleavy

92,000

492,000

-

492,000

Directors Holdings

FollowingΒ the grant of options and the above transaction, MrΒ ConnockΒ is interested inΒ 3,243,706Β Ordinary Shares, representing 5.06% of the total issued share capital of the Company.Β Mr Connock is also interested in 740,750 options over Ordinary Shares of the Company.

FollowingΒ the grant of options, Sir Bob GeldofΒ is interested inΒ 3,855,978Β Ordinary Shares, representingΒ 6.03% of the total issued share capital of the Company.Β Sir Bob Geldof is also interested in 690,750 options over Ordinary Shares of the Company.

FollowingΒ the grant of options and the above transaction, Mr PatelΒ is interested inΒ 18,000Β Ordinary Shares, representing 0.03% of the total issued share capital of the Company.Β Mr Patel is also interested in 740,750 options over Ordinary Shares of the Company.

Following the grant of options and the above transaction, Mr Dunleavy is interested in 84,900 ordinary shares in the Company, representing 0.13% of the issued shares capital of the Company.Β Mr Dunleavy is also interested in 492,000 options over Ordinary Shares of the Company.

For further information contact:

Ten Alps PlcΒ 

Alex Connock, CEO, c/o Moira McManus Tel: +44 20 7878 2311

moira@tenalps.com www.tenalps.com

NOMAD: Grant Thornton UK LLPΒ 

Fiona OwenΒ  Tel: +44 20 7383 5100

Broker: Canaccord Adams LimitedΒ 

Mark Williams / Adria Da Breo RichardsΒ  Tel: +44 20 7050 6500

PR: PelhamΒ 

Alex WaltersΒ  Tel: +44 20 3170 7435

alex.walters@pelhampr.com Fax: +44 20 7743 6671

This information is provided by RNS
The company news service from the London Stock Exchange
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