TIDMIHUK
RNS Number : 1683V
Impact Holdings (UK) PLC
06 July 2009
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Impact Holdings (UK) plc
('Impact' or 'the Company')
Grant of Options and Shares
Impact Holdings (UK) plc (AIM: IHUK), the specialist lending business, announces
that on 2 July 2009 a total of 30,000 Options over the Company's Ordinary
Shares were granted to Mr Paul Davies, Chief Executive, and 5,000 Options to Mr
David Hughes, Legal Director, pursuant to The Impact CSOP Scheme. Mr Davies was
also granted 20,000 ordinary 50p shares from the Employee Benefit Trust.
Other members of staff were also granted Options on 2 July 2009.The Options were
granted at nil consideration with an exercise price of 75p per share and are
exercisable after three years from the date of grant.
Following the grant, the interests of Directors in Options are as follows:
+-------------------+-------------------+-----------------+-------------------+
| Name | Options Granted |Options Granted | Total Options |
| | from Impact CSOP | from Employee | |
| | | Benefit Trust | |
+-------------------+-------------------+-----------------+-------------------+
| Paul Davies | 30,000 | 20,000 | 50,000 |
+-------------------+-------------------+-----------------+-------------------+
| David Hughes | 5,000 | - | 5,000 |
+-------------------+-------------------+-----------------+-------------------+
Save for the above, the Directors' 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 /
Charlotte Stranner 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.
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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