Issue of Share Options

4 Jan 2007 15:57

X-Phonics plc04 January 2007 X-Phonics Plc 4 January 2007 Issue of Share Options X-Phonics Plc ("the Company") announces that on 3 January 2007 it granted RobinDavies, Mike Hosie and Neil Reed 1,162,997, 1,663,846 and 332,769 options overordinary shares, respectively. The options held before and after this grant are set out below: Previous holding of share Additional grant of share As at 4 January 2007 options options on 3 January 2007 Robin Davies, 823,450 1,162,997 1,986,447Non-Executive ChairmanMike Hosie, Managing 1,646,900 1,663,846 3,310,746DirectorNeil Reed, Creative 329,380 332,769 662,149Director The issued share capital of the Company is 66,214,920 Ordinary Shares of 1peach. The new share options have an exercise a price of 10p but cannot be exercisedunless the mid market price of the Ordinary Shares is 15p at the date ofexercise. They may be exercised at any time before 2nd January 2017 Enquiries: Mike Hosie 07860 500001 X-Phonics Plc Tim Cofman 0121 616 2101 W.H. Ireland Limited This information is provided by RNS The company news service from the London Stock Exchange