Director Shareholding
13 Agosto 2001 - 12:24PM
UK Regulatory
RNS Number:4402I
Virtual Internet PLC
13 August 2001
Virtual Internet plc
Grant of Directors' Options
Jason Drummond, a Director of Virtual Internet plc (the "Company"), has today
granted options over 280,000 ordinary shares in the Company from his personal
shareholding of 13,326,156 ordinary shares (representing 53.1% of issued share
capital of the Company) to each of Tom Turcan, Chief Executive Officer, and
Jonathan Wales, Finance Director. The aggregate number of shares over which
these options have been granted is 560,000, representing 2.2% of the issued
share capital of the Company.
Each option over 280,000 shares is exercisable at a price of #1 in aggregate
at any time in the next ten years.
Jason Drummond will retain a beneficial interest in 13,326,156 shares
(representing 53.1% of the issued share capital of the Company) up to the date
of exercise of the above options in the absence of any further dealings.
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