Grant of Share Options

3 Feb 2006 07:00

2 ergo Group plc03 February 2006 Embargoed until 07.00 3 February 2006 2ergo group plc ("2ergo" or "the Group") Grant of Share Options The Board of 2ergo is pleased to announce that it has granted options over atotal of up to 1,349,280 ordinary shares in the Company to certain employees.These options are dependent upon certain performance criteria being achieved. Included in the above are options over 58,309 ordinary shares awarded to bothBarry Sharples and Neale Graham, Joint Managing Directors, and over up to145,772 ordinary shares awarded to Jill Collighan, Finance Director. Theseoptions are dependent upon Group performance in the year to 31 August 2006 andare exercisable at a price of 171.5p per share on dates as follows: 1/3 from 31August 2007, 1/3 from 31 August 2008 and 1/3 from 31 August 2009. -ends- For further information, please contact: 2ergo 01706 221777Neale Graham, Joint Managing DirectorBarry Sharples, Joint Managing Director Tavistock Communications 020 7920 3150Christian Taylor-WilkinsonMatt Ridsdale Notes to Editors: About 2ergo group plc2ergo group plc facilitates communication and interaction between companies andtheir staff or customers using Mobile Internet, SMS, MMS, Web and VoiceApplications. Headquartered in Lancashire, the Company listed on AIM on 11 March2004. This information is provided by RNS The company news service from the London Stock Exchange