Issue of Options
30 Oktober 2009 - 9:23AM
UK Regulatory
TIDMARTO
Arteon PLC / Index: AIM / Epic: ARTO
Arteon PLC (`Arteon' or the `Company')
Issue of options
30 October 2009
Arteon PLC, the AIM traded real estate investment and services company,
announces that, on 29 October 2009, it granted options over 17,000 ordinary
shares (representing approximately 1.9 per cent. of the current issued share
capital of the Company) to David Macfarlane, a non-executive director of the
Company, as set out in the table below:-
Director Number Exercise Exercise period* Number of Percentage
of price Ordinary of Ordinary
options Shares Shares held
granted (pence) held
From To
David Macfarlane 17,000 15.21956* 30/10/10 29/10/19 40 Nil
*The exercise price represents the price at which the Company placed 788,459
Ordinary shares in July 2009. Mr Macfarlane has agreed not to dispose of the
shares issued to him pursuant to this grant of options for a period of one year
from the date of exercise of the options. No performance conditions are
attached to the options.
Following the above grant, the total number of options outstanding over the
Company's share capital is 19,294 (representing approximately 2.2 per cent. of
the current issued share capital of the Company).
The issued share capital of the Company comprises 877,040 Ordinary Shares of 5p
each.
Patrick Aisher, a Director of Arteon, stated:
"David has worked above and beyond the scope of his engagement and his professional
skills have saved the Company significant outlays, not least during the negotiation
of the recent licence agreement. We are pleased to be able to reward David in a manner
which aligns his interest directly with the independent shareholders on whose behalf
he has worked so tirelessly and look forward to working with him during the
exciting months ahead."
** ENDS **
For further information visit www.arteonplc.com or contact:
Peter Hagerty Arteon PLC Tel: +44 (0)20 7148 7700
David Macfarlane Arteon PLC Tel: +44 (0)20 7148 7700
Aaron Smyth Astaire Securities PLC Tel: +44 (0)20 7448 4400
Isabel Crossley St Brides Media & Finance Tel: +44 (0)20 7236 1177
Paul Youens St Brides Media & Finance Tel: +44 (0)20 7236 1177
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