Cancellation of Options (4859R)
November 04 2011 - 6:00AM
UK Regulatory
TIDMACS
RNS Number : 4859R
AI Claims Solutions PLC
04 November 2011
Ai Claims Solutions PLC
("Ai" or the "Company")
Cancellation of Options
Long Term Incentive Plan ('LTIP')
Ai, the ethical after accident solution provider, announces that
it today cancelled 361,006 matching LTIP awards in respect of
ordinary shares of 10p in the Company in return for a total
consideration payment by the Company of GBP92,057. The LTIP awards
cancelled included awards made to David Sandhu, Chief Executive
Officer, and Peter Harrison, Chief Financial Officer:
Matching
LTIP Awards Consideration
Cancelled Payment
David Sandhu 134,100 GBP34,196
Peter Harrison 103,406 GBP26,369
Senior Management 123,500 GBP31,492
Unapproved Share Option Plan
Ai also announces that it has cancelled 10,000 unapproved scheme
options over ordinary shares of 10p in the Company in return for a
consideration payment by the Company of GBP950.
For further information, please contact:
Ai Claims Solutions plc
David Sandhu 0844 571 3108
Peter Harrison 0844 571 3200
Shore Capital & Corporate Ltd
Dru Danford / Stephane Auton 0207 408 4090
This information is provided by RNS
The company news service from the London Stock Exchange
END
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