Issue of Share Options
23 September 2010 - 6:49PM
UK Regulatory
TIDMEZD
RNS Number : 1773T
Easydate plc
23 September 2010
+-----------------+------------------------------------------------------------+
| Date: | 23 September 2010 |
+-----------------+------------------------------------------------------------+
| On behalf of: | Easydate plc ('Easydate', 'the Group' or 'the Company') |
+-----------------+------------------------------------------------------------+
| For immediate | |
| release | |
+-----------------+------------------------------------------------------------+
Easydate plc
Issue of share options
The Board of Easydate plc (AIM: EZD), the internet-based dating operator,
announces that on 22 September 2010 the Remuneration Committee approved the
issue of share options to a number of employees and a Director.
The share options are issued as follows:
Quantity
of options over
fully paid ordinary shares
Employees 1,560,000
Director: Mark Doughty 250,000
Total 1,810,000
The above share options have been granted at an exercise price of 94p per share.
These options will be subject to vesting criteria, such that they vest and
become exercisable in three equal tranches over three years. One third of the
share options will vest and become exercisable on or after 22 September 2011,
one third on or after 22 September 2012 and the final third on or after 22
September 2013.
For further information please contact:
+--------------------------------------+------------------------+
| Easydate plc | Tel: +44 (0)131 220 |
| | 1313 |
+--------------------------------------+------------------------+
| Bill Dobbie, CEO | |
+--------------------------------------+------------------------+
| | |
+--------------------------------------+------------------------+
| Cenkos Securities plc | |
+--------------------------------------+------------------------+
| Ken Fleming | Tel: +44 (0)131 220 |
| | 6939 |
+--------------------------------------+------------------------+
| Beth McKiernan | Tel: +44 (0)131 220 |
| | 9772 |
+--------------------------------------+------------------------+
| | |
+--------------------------------------+------------------------+
| Redleaf Communications | Tel: +44 (0)207 566 |
| | 6700 |
+--------------------------------------+------------------------+
| Paul Dulieu / Henry Columbine / Mike | easydate@redleafpr.com |
| Ward | |
+--------------------------------------+------------------------+
Notes to Editors
* Easydate plc listed on AIM in June 2010 and is a leading provider of online
dating services.
* Easydate has built a base of over 13 million registrants and over 9 million
members in 29 countries (those countries with over 1,000 members), with a
growing proportion of members coming from outside of the United Kingdom.
* Easydate offers a wide variety of online dating services allowing members to
interact with each other and access the content available on the Group's
websites. These websites are intended to appeal to dating users of diverse ages,
cultures and social interest groups. The Group's most heavily visited websites
include www.benaughty.com, www.cupid.com, www.girlsdateforfree.com and
www.datetheuk.com. The Group also promotes the niche brands
www.datingforparents.com, www.speeddater.com and www.maturedating.co.uk
* Further information on the Company can be found at www.easydategroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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