Grant of options
17 Februar 2010 - 8:00AM
UK Regulatory
TIDMGON
RNS Number : 2451H
Galleon Holdings PLC
17 February 2010
+------------------+------------------------------------------------------+
| Date: | 17 February 2010 |
+------------------+------------------------------------------------------+
| On behalf of: | Galleon Holdings plc ("Galleon" or "the Company") |
+------------------+------------------------------------------------------+
| For immediate | |
| release | |
+------------------+------------------------------------------------------+
Galleon Holdings PLC
Grant of Options
Galleon Holdings plc (AIM: GON), the AIM listed entertainment media company
developing and producing multi-platform properties with a focus on emerging
markets, announces that the following share options have been granted to
Directors of the Company under the Galleon Holdings plc Approved Share Option
Scheme.
+------------------+-------------------+------------------+--------------+
| Name | Position | Total number of | Total number |
| | | share options | of options |
| | | granted | held |
+------------------+-------------------+------------------+--------------+
| Stephen Green | Group Chief | 700,000 | 4,628,571 |
| | Executive | | |
+------------------+-------------------+------------------+--------------+
| Leonard Dunne | Managing Director | 700,000 | 4,628,571 |
+------------------+-------------------+------------------+--------------+
| David | Chairman | 700,000 | 2,200,000 |
| Wong(*note) | | | |
+------------------+-------------------+------------------+--------------+
| Hayden Eastwood | Finance Director | 700,000 | 2,900,000 |
| | and Company | | |
| | Secretary | | |
+------------------+-------------------+------------------+--------------+
*Options granted to Medical Consultants Management Limited of which David Wong
is a retained consultant
The options were granted on 15 February 2010 at a price of 12 pence per share.
The options will vest between 16 February 2013 and 15 February 2020.
-End-
Enquiries:
+------------------------------------------+--------------------------+
| Galleon Holdings plc | www.galleonplc.com |
+------------------------------------------+--------------------------+
| Stephen Green, Chief Executive | Tel: 020 8987 0011 |
+------------------------------------------+--------------------------+
| | |
+------------------------------------------+--------------------------+
| Cenkos Securities (Nominated Adviser & | |
| Broker) | |
+------------------------------------------+--------------------------+
| Ken Fleming / Jon Fitzpatrick | Tel: 0131 220 9772 / |
| | 0131 220 9773 |
+------------------------------------------+--------------------------+
| | |
+------------------------------------------+--------------------------+
| Redleaf Communications | Galleon@redleafpr.com |
+------------------------------------------+--------------------------+
| Rebecca Sanders-Hewitt / Mike Ward / | Tel: 020 7566 6700 |
| Lucy Salaman | |
+------------------------------------------+--------------------------+
| | |
+------------------------------------------+--------------------------+
Notes to Editors:
ABOUT GALLEON HOLDINGS
Galleon Holdings plc creates and distributes multi-platform branded
entertainment properties focused on the emerging markets, in particular China
and South East Asia. The entertainment properties are designed to establish a
direct, interactive relationship with the viewer.
Television in China reaches approximately 98% of the population of 1.3 billion.
Mobile phone penetration is also high, with over 500 million subscribers and
with over 300 million people online, China is now the largest online market in
the world. Huge TV audiences and growing interactive platform access presents a
substantial opportunity for Galleon to benefit from the popularity and demand
for interactive entertainment and game shows. China is forecast to become the
world's fifth largest advertising market.
In October 2007 Galleon acquired Phoenix, a Hong Kong based media solutions
company, which specialises in the provision of interactive broadcast television
services that enable broadcasters in China and South East Asia to provide
interactive entertainment for audiences to access through TV, online and mobile.
In February 2008 Galleon acquired Yunbo, a mobile service provider in China,
strengthening the Company's ability to provide Chinese broadcasters with a
complete media solution for multi-platform entertainment. Galleon now has total
control over the interactive content, its delivery to the consumer, data capture
and the billing process.
Galleon develops entertainment formats for children, families and young adults.
These include:
Y Super Soccer Star - an interactive family targeted football talent show,
produced in association with Chelsea Football Club. The show has aired
successfully in China and Malaysia. Format rights have been sold for Eastern
Europe, Scandinavia, Turkey, India, Middle East and Vietnam to partners
including IMG and Media Star Global.
Y Super Fashion Stars - a multiplatform entertainment property that includes a
reality TV show aimed at 16-45 year olds with 60 contestants working together as
a designer, stylist and model. Each team is slowly eliminated over the series
for the prize of competing at Fashion Fringe at Covent Garden which is a premier
event during London Fashion Week.
Y Skunk Fu! - a comedy action animated TV show for kids aged 6-11 which airs in
100+ territories including Cartoon Network(US), the BBC(UK), Disney Latin
America, Cartoon Network Asia and Super RTL(Germany).
Y Apollo's Pad - a multiplatform young adult sitcom that airs on Bite TV in
Canada and includes a content rich online offering.
Y Sokator-442 - a multi-player intergalactic football (soccer) management game
that combines tactical thinking with fantasy/sci-fi gameplay.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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