Grant of Share Options
26 September 2007 - 5:03PM
UK Regulatory
RNS Number:4928E
Entelos Inc.
26 September 2007
For Immediate Release 26 September 2007
Entelos Inc.
Grant of Awards under the 2006 Long Term Incentive Plan
Entelos Inc. (the "Company") today announces that, in aggregate, 5,113,811 nil
cost share awards have been granted to the Executive Directors and senior
managers of the Company pursuant to the 2006 Long Term Incentive Plan. Of this
number, 1,330,771 awards have been granted to James Karis (President and Chief
Executive Officer) and 949,123 awards have been granted to Alan Blazei (Chief
Financial Officer).
The shares subject to the LTIP awards will be released in accordance with the
terms of the LTIP to the Executive Directors and senior employees subject to
their continued employment and the satisfaction of objective performance
conditions.
For further information please contact:
Entelos, Inc.
James Karis, President and CEO Tel: +1-650-572-5400
Jill Fujisaki, Vice President, Investor Relations
Buchanan Communications
Lisa Baderoon / Mary-Jane Johnson Tel +44-0-20-7466-5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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