AdEPT Telecom plc Issue of Share Options and Director Disclosure (3538Y)
August 21 2018 - 2:00AM
UK Regulatory
TIDMADT
RNS Number : 3538Y
AdEPT Telecom plc
21 August 2018
AdEPT Telecom PLC
("AdEPT" or the "Company")
Issue of share options
The Company has today issued a total of 200,000 options (100,000
each) over ordinary shares of 10p each at an exercise price of 353p
to the Managing Directors of Our IT Department Limited and Atomwide
Limited in accordance with the resolution approved by shareholders
at the 2017 AGM. The issue of these options is to further align the
interest of senior employees with those of shareholders and promote
the retention of the Company's senior management team.
Following the award, the share options which remain outstanding
under the Company share option schemes at the date of this
announcement are:
Options at
Option 31 March Option Date of
scheme 2018 price grant
----------- ----------- ---------- ------ ---------------
I Fishwick EMI 129,440 222p 1 March 2016
J Swaite EMI 64,720 222p 1 March 2016
R Wilson EMI 29,660 222p 1 March 2016
D Lukic Unapproved 16,180 222p 1 March 2016
R Burbage Unapproved 100,000 238p 31 October 2016
R Burbage Unapproved 52,500 238p 31 October 2016
I Fishwick Unapproved 140,000 335p 2 August 2017
J Swaite Unapproved 100,000 335p 2 August 2017
D Bealing Unapproved 100,000 353p 20 August 2018
A Foster Unapproved 100,000 353p 20 August 2018
----------- ----------- ---------- ------ ---------------
Director Disclosure
The Company announces in accordance with AIM Rule 17 of the AIM
Rules for Companies that it has been informed by Dusko Lukic, a
Non-Executive Director of the Company, that Millpath Limited, a
private company of which Dusko Lukic is a director, is in
compulsory liquidation.
AdEPT Telecom plc has no relationship to Millpath Limited and
the Board of the Company do not consider this disclosure has any
impact on Dusko's ability as a Non-Executive Director of the
Company.
For more information please contact:
AdEPT Telecom Plc
Roger Wilson, Chairman 07786 111 535
Ian Fishwick, Chief Executive 01892 550 225
John Swaite, Finance Director 01892 550 243
Northland Capital Partners Limited
Nominated Adviser - Tom Price/Edward
Hutton
Broking - Rob Rees 020 3861 6625
About AdEPT Telecom plc:
AdEPT Telecom plc is one of the UK's leading independent
providers of managed services for IT, unified communications,
connectivity and voice solutions. The Company provides a complete
communications portfolio of unified communications, IP telephony,
IT services, equipment installation, managed services, Wi-Fi, IT
and communications hardware and data connectivity products. AdEPT's
tailored services are used by thousands of customers across the UK
and are brought together through the strategic relationships with
tier-1 suppliers such as Openreach, BT Wholesale, Virgin Media,
Avaya, Microsoft, Dell and Apple.
AdEPT is listed on the London Stock Exchange (Ticker: ADT). For
further information please visit: www.adept.co.uk
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCSEIFWSFASEFA
(END) Dow Jones Newswires
August 21, 2018 02:00 ET (06:00 GMT)
Adept Technology (LSE:ADT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Adept Technology (LSE:ADT)
Historical Stock Chart
From Apr 2023 to Apr 2024