7 Feb 2011 07:00
Westside Acquisitions plc / Ticker: WST.L / Index: AIM / Sector: Investment
7 February 2011
Westside Acquisitions plc ('Westside')
Grant of Options
Westside Acquisitions plc, the AIM listed investment vehicle with an 85 per cent. holding in Pantheon Leisure Plc ('Pantheon'), announces that further to the announcement dated 17 January 2011 outlining new appointments designed to diversify the management team of Pantheon's wholly owned division, Elms Sport in Schools Ltd, the Board of Westside has adopted an unapproved share option scheme and has resolved to grant a total of 7,000,000 options ('the Options') over ordinary shares in Westside. The Options are exercisable for ten years from the date of grant at an exercise price of 1p per ordinary share. In addition to the granting of 2,500,000 options to the existing Managing Director Barbara Moss, the following options have been granted to the new directors.
Name | Position | Options Granted |
James Vaughan (32) | Joint Managing Director | 2,500,000 |
Angela Wilcox (36) | Head of Operations | 1,000,000 |
Jason O'Connor (25) | Head of Coaching | 1,000,000 |
** ENDS **
For further information please visit www.westsideacquisitions.com or contact:
Geoffrey Simmonds | Westside Acquisitions Plc | Tel: 020 7935 0823 |
Mark Percy | Seymour Pierce Limited | Tel: 020 7107 8000 |
Catherine Leftley | Seymour Pierce Limited | Tel: 020 7107 8000 |
Elisabeth Cowell | St Brides Media & Finance Ltd | Tel: 020 7236 1177 |
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