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13 Nov 2014 16:30
Vitesse Media Plc
("Vitesse Media" or "the Company")
Award of Options
The board of Vitesse Media (AIM: VIS) today advises that it has agreed to award the following share options in the Company at an exercise price of 3 pence per share, the price of the Company's shares at midday on 11 November 2014:
| Share Options | Vesting date | Option Scheme |
Nicola Baker, CEO | 500,000 | 11 November 2015 | Unapproved |
Chris Ingram, Non-executive Chairman | 225,000 | 11 November 2015 | Unapproved |
Furthermore, Vitesse Media also today advises that, for personal reasons, Mr Jonathan Sumner; the Company's Deputy Managing Director & Online Publisher, is taking a leave of absence from his duties as a Director at Vitesse whilst retaining his operational role within the Company.
For further information please contact:
Vitesse Media Plc |
|
Niki Baker (Chief Executive) | +44 (0)207 250 7010 |
Chris Ingram (Non-Executive Chairman) |
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Westhouse Securities Ltd |
|
Martin Davison | +44 (0)207 601 6100 |
David Coaten |
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Kreab Gavin Anderson |
|
Robert Speed | +44 (0)207 074 1800 |
Note to Editors:
Vitesse Media plc is a leading b2b media business, specialising in technology, SME business and high-net worth investment through events, digital activities, data and research. The business is developing a crowd-funding and peer-to-peer lending platform to leverage its existing client and readership base. Vitesse Media plc is quoted on AIM.
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