Alpha Returns Group plc Grant Of Options
04 Janeiro 2017 - 12:00PM
UK Regulatory
TIDMARGP
Alpha Returns Group PLC
("Alpha Returns" or the "Company")
4 January 2017
Grant of Options
The Company is pleased to announce that on 3 January 2017, the Board
granted options over a total 15,000,000 ordinary shares, representing
2.16 per cent. of the Company's current issued ordinary share capital at
an exercise price of 0.5p per share in accordance with the terms of the
share option scheme, details of which were announced on 19 December
2013. Options were granted to the following directors:
Name Number Price Exercise dates
Christopher Neo 3,000,000 0.5p 3/1/2019 - 3/1/2024
Chan Cheong Yee (Quattro) 1,000,000 0.5p 3/1/2019 - 3/1/2024
Tsang Fung Chu (Ellen) 1,000,000 0.5p 3/1/2019 - 3/1/2024
The remaining 10,000,000 options have been granted to group employees
(including the Company's 52.5 per cent. owned investee company Telistar
Solutions Pte Ltd.) and consultants to the Company on the same terms as
above.
Christopher Neo and Chan Cheong Yee (Quattro) each hold options over a
further 5,000,000 million ordinary shares exercisable at 2.2p per share,
expiring 17/1/2021. Christopher Neo is also interested in 12,760,000
ordinary shares, approximately 1.84 per cent of the Company's current
issued ordinary share capital.
For further information:
Alpha Returns Group plc
Christopher Neo, Executive Director 020 3286 6388
ZAI Corporate Finance Limited (Nomad)
020 7060 2220
Peter Trevelyan Clark / Tim Cofman
Peterhouse Corporate Finance (Broker)
020 7220 9797
Duncan Vasey / Lucy Williams
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Alpha Returns Group plc via Globenewswire
http://www.alpharet.com
(END) Dow Jones Newswires
January 04, 2017 09:00 ET (14:00 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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