NetDimensions (Holdings) Limited: Grant of Share Options to Executive Directors
/EINPresswire.com/ -- HONG KONG, CHINA -- (Marketwired) -- 01/14/16 -- NetDimensions (Holdings) Limited (AIM: NETD) (OTCQX: NETDY)
OTCQX: NETDY
NetDimensions (Holdings) Limited
("NetDimensions" or "the Company")
Grant of Share Options to Executive Directors
NetDimensions (AIM: NETD), a global provider of performance, knowledge and learning management
systems, is pleased to announce the issue of share options ("Options") over the Company's ordinary shares with a nominal value of US$ 0.001 each ("Ordinary Shares") on 13 January 2016 to Jay Shaw CEO, Ray Ruff, Chief Scientist and Matthew Chaloner CFO, all of whom are Executive Directors of the Company.
The options are split into four tranches vesting between two and five years. The first tranche vests after two years, the second after three years, the third after four years and the fourth after five years. The options are all exercisable at a price of 61 pence each, and will convert into Ordinary Shares on exercise. The options expire on 12 January 2026.
------ ------- ------- ------- ------- ------------ ------------ -----------
Number of Total number
Ordinary of Ordinary
Shares over Shares over
which which Number of
2 year 3 year 4 year 5 year Options Options Ordinary
vesting vesting vesting vesting granted granted Shares held
------ ------- ------- ------- ------- ------------ ------------ -----------
Jay
Shaw 62,500 62,500 62,500 62,500 250,000 350,000 4,816,000#
------ ------- ------- ------- ------- ------------ ------------ -----------
Ray
Ruff 62,500 62,500 62,500 62,500 250,000 480,000 3,791,388*
------ ------- ------- ------- ------- ------------ ------------ -----------
Matthe
w
Chalon
er 62,500 62,500 62,500 62,500 250,000 750,000 6,000
------ ------- ------- ------- ------- ------------ ------------ -----------
#Jay Shaw's holding of Ordinary Shares includes 500,000 held by his spouse.
*Ray Ruff's holding of Ordinary Shares includes 1,000,000 held by his spouse.
Enquiries:
NetDimensions (Holdings) Limited Tel: +852 2122 4500 Jay Shaw Matthew Chaloner Panmure Gordon (UK) Limited (Nomad & Broker) Tel: +44 20 7886 2500 Fred Walsh Peter Steel Walbrook PR Ltd (Financial Public Relations) Tel: +44 20 7933 8780 Sam Allen Sam.Allen@walbrookpr.com Nick Rome Nick.Rome@walbrookpr.com
About NetDimensions
Established in 1999, NetDimensions (AIM: NETD; OTCQX: NETDY) is a global provider of performance, knowledge and learning management solutions.
NetDimensions provides companies, government agencies and other organizations with talent management solutions to personalize learning, share knowledge, enhance performance, foster collaboration and manage compliance programs for employees, customers, partners and suppliers.
Recognized as one of the talent management industry's top-rated technology suppliers, NetDimensions has been chosen by leading organizations worldwide including ING, Cathay Pacific, Chicago Police Department, Geely Automotive, Fugro Group and Fresenius Medical Care.
NetDimensions is ISO 9001 certified and NetDimensions hosted services are ISO 27001 certified.
For more information, visit www.NetDimensions.com or follow @netdimensions on Twitter.
Contacts:
RNS
Customer Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com
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