Cancellation of Options (Impact (UK)

Date : 12/23/2008 @ 7:14AM
Source : UK Regulatory (RNS and others)
Stock : Impact Holdings (UK) (IHUK)
Quote : 77.0  0.0 (0.00%) @ 1:00AM
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Cancellation of Options (Impact (UK)

    RNS Number : 6917K
  Impact Holdings (UK) PLC
  23 December 2008
   

    
 
    Impact Holdings (UK) plc

    ("Impact" or "The Group")
    Cancellation of Options
    Impact Holdings (UK) plc (AIM: IHUK), the specialist lending business, announces that on 23 December 2008 it cancelled a total of 37,000
Options over the Company's Ordinary Shares of which 27,000 had previously been granted pursuant to The Impact CSOP Scheme to Directors and
Employees.
    All options granted to the Directors of the Company have been cancelled and therefore their beneficial interests remain unchanged and as
previously announced.
    For further information:
Impact Holdings (UK) plc
Paul Davies, Chief Executive Officer                     Tel: 0161 437 9499

Daniel Stewart & Company plc

Simon Leathers/Tessa Smith                              Tel: 020 7776 6550
    

Notes to Editor:

Impact Holdings (UK) plc through its individual subsidiaries provides short term funding solutions, loans administration and IT support
services in two specific sectors:
    1. The legal disbursements market;
2. Property based bridging and development market.

In addition Impact will fund other opportunities where debt instruments or debentures provide the primary security and there are
opportunities for short term bespoke funding where serviceability precludes larger lenders from entering this area.

Impact is regulated by The Office of Fair Trading through which it is licensed to lend under the Consumer Credit Act 1974 and the Financial
Services Authority for regulated lending.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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