TIDMIDS
RNS Number : 6010R
Ideal Shopping Direct PLC
01 May 2009
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| For Immediate Release | 1 May 2009 |
+------------------------------------+------------------------------------+
Ideal Shopping Direct PLC
(the 'Company')
Grant of Share Options
Ideal Shopping Direct Plc announces that on 1 May 2009, Ian Jebson, Finance
Director of the Company was granted options over ordinary shares of 3p each in
the Company under the Unapproved Share Option Scheme 2000, as detailed below.
+----------+--------------------+---------------+----------------------+
| Tranche | Number of shares | Exercise | Exercise period |
| | | price | |
+----------+--------------------+---------------+----------------------+
| 1 | 166,666 | 34p | 2 years from date of |
| | | | announcement of |
| | | | Company's results |
| | | | for 2009 |
+----------+--------------------+---------------+----------------------+
| 2 | 166,667 | 34p | 2 years from date of |
| | | | announcement of |
| | | | Company's results |
| | | | for 2010 |
+----------+--------------------+---------------+----------------------+
| 3 | 166,667 | 34p | 2 years from date of |
| | | | announcement of |
| | | | Company's results |
| | | | for 2011 |
+----------+--------------------+---------------+----------------------+
The above options vest subject to specific performance conditions. Following
this grant of options Mr Jebson has a total of 500,000 options over ordinary
shares of 3p each in the Company under the Unapproved Share Option Scheme 2000.
For further information please contact:
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| Paul Wright, Chairman | |
| Mike Hancox, Chief Executive | |
+---------------------------------------------------+--------------------+
| Ideal Shopping Direct | 020 7466 5000 |
+---------------------------------------------------+--------------------+
| Michael Meade, Oliver Cardigan - Nominated | 020 7260 1000 |
| Adviser | |
| Mark Lander - Corporate Broking | |
+---------------------------------------------------+--------------------+
| Numis Securities | |
+---------------------------------------------------+--------------------+
| Richard Darby, Miranda Higham | |
+---------------------------------------------------+--------------------+
| Buchanan Communications | 020 7466 5000 |
+---------------------------------------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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