TIDMATUK
RNS Number : 1516Y
@UK PLC
28 August 2009
?
+----------------------------------------+---------------------------------------+
| Under embargo until 7:00am | 28August 2009 |
+----------------------------------------+---------------------------------------+
@UK PLC
("@UK" or the "Company")
Share Options
@UK PLC (AIM:ATUK.L), a provider of spend analysis, eCommerce and eProcurement
software solutions that combine into a comprehensive eMarketplace used by
government, health and private sectors, today announces the award of share
options to all staff and certain directors together with consultants. In the
interim results announcement on 12 August 2009, the Chairman's statement stated
that to "reward the teams' performance we are introducing incentives by means of
share options and profit share".
The Company has today granted options over 2,930,795 ordinary shares of 1p each
in the capital of the Company ("Ordinary Shares") at an exercise price of
1.75 pence per Ordinary Share compared to the closing mid-market share price
immediately prior to the award of the options of 1.62p. The options will be
exercisable from the third anniversary of the date of grant and will expire
unless exercised on or before 10 years from the date of grant. The above
includes options awarded to certain directors of the Company over 487,500
Ordinary Shares on the same terms, as detailed below:
* An option over 300,000 Ordinary Shares to Ronald Duncan (total 300,000 Ordinary
shares under option following this grant); and
* An option over 187,500 Ordinary Shares to Lyn Duncan, (total 187,500 Ordinary
Shares under option following this grant).
For further information please contact:
+----------------------------------+-------------------------------------+
| @UK PLC | +44 (0) 118 963 7000 |
| Ronald Duncan | |
+----------------------------------+-------------------------------------+
| Beaumont Cornish Limited | +44 (0) 20 7628 3396 |
| Roland Cornish | |
+----------------------------------+-------------------------------------+
Notes to Editors
@UK PLC is a leading UK electronic marketplace provider, that has formed over
180,000 companies using its SiteGenerator ecommerce engine and is providing
ecommerce to NHS Suppliers as part of NHS Cat with NHS Supply Chain. @UK PLC's
SiteGenerator ecommerce allows suppliers to trade with all major finance
systems, @UK PLC's marketplace and other leading marketplaces.
@UK PLC has an OGC Buying Solutions framework contract for the provision of its
new Spend Analysis services.
@UK's software provides a secure internet eMarketplace enabling buyers such as
local authorities, schools and hospitals to buy online from commercial suppliers
ranging from large corporations to small to medium enterprises (SMEs). This
allows buying and selling to take place with no paperwork and transposition
reduced chance of errors, achieving major savings throughout the supply chain.
@UK PLC also offers services to new businesses, including incorporation, company
secretarial services and filing annual returns.
@UK is included in the Software and Computer Services Sector (9530).For further
information please visit www.uk-plc.net.
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSPRMFTMMJTBTL
|