Grant of options
29 February 2008 - 5:05AM
UK Regulatory
RNS Number:0161P
CybIT Holdings PLC
28 February 2008
Cybit Holdings plc
("Cybit" or the "Company")
Grant of Options
The Company announces that on 27 February 2008 it granted options over a total
of 132,856 ordinary shares of 5p each in Cybit under its Enterprise Management
Incentive scheme, at an exercise price of 49p as follows:
Director No. of Options Granted No. of Options held No. of shares in Company in which
subsequent to grant Director has a beneficial interest
Kevin Lawrence 73,979 193,979 59,940
(Financial Director)
John Wisdom (Director 58,877 198,877 92,476
Sales & Marketing)
All options have a ten year life and one third will vest on the first
anniversary of the date of the grant, one third on the second anniversary of the
date of grant and one third on the third anniversary of the date of grant
subject to the satisfaction of certain performance criteria.
Enquiries:
Richard Horsman (Chief Executive Officer) 01480 455489
This information is provided by RNS
The company news service from the London Stock Exchange
END
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