Investors
Regulatory Announcements
Director/PDMR Shareholding
Director option award
The Company announces that on 29 April 2008, Eric Sepkes (Executive Chairman) was granted option awards over 5 pence ordinary shares in the Company ("Shares") under the Company's Executive Option Plan 2007 as follows:
Number of Shares over which award granted: 400,000, comprising 266,667 basic awards and 133,333 bonus awards. The awards will be first exercisable, subject to achievement of target share price performance conditions, as follows: Between 29 April 2011 and 28 April 2018: one third of the basic award exercisable (target share price £2.50). Between 29 April 2012 and 28 April 2018: one third of the basic award exercisable (target share price £3.00). Between 29 April 2013 and 28 April 2018: one third of the basic award and all of the bonus award exercisable (target share price £4.00). These awards all have a strike price of 62.25 pence and no consideration was paid for the grant of these awards.
After this notification, Mr Sepkes holds options over a total of 400,000 Shares.
For further information, please contact:
Gresham Computing plc
Chris Errington, Finance Director
+44 (0)1489 555500