TIDMNETD

RNS Number : 8659L

NetDimensions (Holdings) Limited

14 January 2016

NetDimensions (Holdings) Limited

("NetDimensions" or "the Company")

Grant of Share Options to Executive Directors

NetDimensions (AIM: NETD), a global provider of performance, knowledge and learning management

systems, is pleased to announce the issue of share options ("Options") over the Company's ordinary shares with a nominal value of US$ 0.001 each ("Ordinary Shares") on 13 January 2016 to Jay Shaw CEO, Ray Ruff, Chief Scientist and Matthew Chaloner CFO, all of whom are Executive Directors of the Company.

The options are split into four tranches vesting between two and five years. The first tranche vests after two years, the second after three years, the third after four years and the fourth after five years. The options are all exercisable at a price of 61 pence each, and will convert into Ordinary Shares on exercise. The options expire on 12 January 2026.

 
                                                                                           Total number 
                                                                                Number of   of Ordinary 
                                                                                 Ordinary   Shares over 
                                                                              Shares over         which      Number of 
                       2 year         3 year         4 year         5 year  which Options       Options       Ordinary 
                      vesting        vesting        vesting        vesting        granted       granted    Shares held 
--------------  -------------  -------------  -------------  -------------  -------------  ------------  ------------- 
Jay Shaw               62,500         62,500         62,500         62,500        250,000       350,000     4,816,000# 
--------------  -------------  -------------  -------------  -------------  -------------  ------------  ------------- 
Ray Ruff               62,500         62,500         62,500         62,500        250,000       480,000     3,791,388* 
--------------  -------------  -------------  -------------  -------------  -------------  ------------  ------------- 
Matthew 
 Chaloner              62,500         62,500         62,500         62,500        250,000       750,000          6,000 
--------------  -------------  -------------  -------------  -------------  -------------  ------------  ------------- 
 

(#) Jay Shaw's holding of Ordinary Shares includes 500,000 held by his spouse.

*Ray Ruff's holding of Ordinary Shares includes 1,000,000 held by his spouse.

Enquiries:

 
 NetDimensions (Holdings)        Tel: +852 2122 4500 
  Limited 
 Jay Shaw 
  Matthew Chaloner 
 
 Panmure Gordon (UK) Limited     Tel: +44 20 7886 2500 
  (Nomad & Broker) 
 Fred Walsh 
 Peter Steel 
 
 Walbrook PR Ltd (Financial      Tel: +44 20 7933 8780 
  Public Relations) 
 Sam Allen                       Sam.Allen@walbrookpr.com 
 Nick Rome                       Nick.Rome@walbrookpr.com 
 

About NetDimensions

Established in 1999, NetDimensions (AIM: NETD; OTCQX: NETDY) is a global provider of performance, knowledge and learning management solutions.

NetDimensions provides companies, government agencies and other organizations with talent management solutions to personalize learning, share knowledge, enhance performance, foster collaboration and manage compliance programs for employees, customers, partners and suppliers.

Recognized as one of the talent management industry's top-rated technology suppliers, NetDimensions has been chosen by leading organizations worldwide including ING, Cathay Pacific, Chicago Police Department, Geely Automotive, Fugro Group and Fresenius Medical Care.

NetDimensions is ISO 9001 certified and NetDimensions hosted services are ISO 27001 certified.

For more information, visit www.NetDimensions.com or follow @netdimensions on Twitter.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

January 14, 2016 04:43 ET (09:43 GMT)

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