10 Nov 2016 08:00
10 November 2016
Mobile Tornado Group plc
("Mobile Tornado" or the "Group")
Grant of Options
Mobile Tornado (AIM: MBT), the leading provider of instant communication mobile applications to the enterprise market, announces the following grant of options over ordinary shares of 2 pence ("Ordinary Shares") each in the Group and pursuant to the 2008 Israeli share option plan to the following Executive Director:
Executive Director | No. of options | Exercise price |
Abraham ('Avi') Tooba | 2,000,000 | 4.0 pence |
The options were granted on 4 November 2016 and may not be exercised prior to 4 November 2019 (save as may be provided under the Rules of the Scheme).
Following this award, Avi's total options over Ordinary Shares in the Group is 4,000,000.
Enquiries:
Mobile Tornado Group plc | www.mobiletornado.com |
Jeremy Fenn, Executive Chairman Avi Tooba, Chief Executive Officer | via Walbrook PR |
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Investec Bank plc (Nominated Adviser & Broker) | +44 (0)20 7597 4000 |
Dominic Emery / Carlton Nelson |
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Walbrook PR Ltd | +44 (0)20 7933 8780 |
Paul Cornelius | or mobiletornado@walbrookpr.com |
Helen Cresswell |
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Mobile Tornado (MBT)