Board appointments
31 Oktober 2003 - 3:14PM
UK Regulatory
RNS Number:5515R
New Media Industries PLC
31 October 2003
NEW MEDIA INDUSTRIES PLC ("the Company" or "NMI")
Board appointments and Directors' Dealings
The Board of NMI is pleased to announce the following changes to the Board.
Toni Denby is appointed as Finance Director with immediate effect, with Gabriel
Behr now becoming Corporate Development Director. Following these appointments,
Hans Pieterman will step down as Corporate Development Director but stay on the
Board as a Non-Executive Director.
Ms Denby was formerly at ASX listed telco Advantage Telecommunications Ltd where
she was responsible for the group financial planning. Prior to that she held a
number of finance positions within the ITM Group in New Zealand and spent five
years with Marley Loft Chartered Accountants in a business services and tax
planning role. Toni qualified as a chartered accountant in 1994.
Additional details on new director
Toni Patricia Denby, aged 33.
Current Directorships:
None
Directorships held in the past five years:
None
There are no further disclosures to be made in relation to Ms Denby's
appointment under Schedule 2, paragraph (f) of the AIM Rules.
Further to the Company's announcement on 24 June 2003 regarding, inter alia, the
granting of options to Directors, the Company announces that the proposed option
price of 2.5p per share referred to in that announcement has not been approved
by the Inland Revenue.
The Company has therefore today re-granted the options over 3,000,000 ordinary
shares to Paul Nathan and 2,000,000 ordinary shares to Gabriel Behr, all of
which are exercisable within 10 years of the date of grant at an exercise price
of 4.125p per share, being the closing price of the Company's shares on AIM on
30 October 2003 (which is the price which has now been approved by the Inland
Revenue).
In addition to the above options, the Company has today also granted options
over 2,000,000 ordinary shares to Jon Summerill, all of which are exercisable
within 10 years of the date of grant at the exercise price referred to above.
31 October 2003
This information is provided by RNS
The company news service from the London Stock Exchange
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