Imaginatik PLC (IMTK) - Share Options
RNS Number : 7458R
22 November 2012
22 November 2012
("Imaginatik" or the "Company")
Imaginatik plc (AIM: IMTK), the world's first full service innovation provider
offeringa range of technology products and consultancy, announces that the
Company has awarded 11,967,500 new share options to directors and employees
("New Options") as follows:
a. Matt Cooper, Shawn Taylor, Luis Solis and Nicholas Goss, each being an
executive director of the Company, have been granted 660,000, 616,000, 528,000
and 528,000 options respectively. The share options for Mr Cooper and Mr
Taylor will be a combination of options issued under The Imaginatik plc
Enterprise Management Incentive Scheme ("EMI scheme") as well as unapproved
options. The share options for Mr Goss will all be issued under the EMI
scheme. The share options for Mr Solis will be issued under the Imaginatik
2006 Stock Option Plan.
b. Eligible employees of the Company have been granted 9,635,500 share
options under the EMI scheme as well as the Imaginatik 2006 Stock Option Plan.
The exercise price in respect of the options is 0.315p per share with the
exception of 3,816,667 options which are at 1.0 pence per share pursuant to a
contract of employment.
The New Options will vest as to 50% two years after grant and 50% three years
The remuneration committee considers that the grant of the New Options
provides the senior management team and employees of the Company with an
appropriate and effective incentive for the future.
Imaginatik now has 83,199,117 share options in issue, representing
approximately 9.8% of the current issued share capital and 8.9% of the fully
diluted share capital.
Executive Directors Total Options post grant
Matt Cooper 19,722,500
Shawn Taylor 14,841,000
Luis Solis 10,028,000
Nicholas Goss 5,528,000
David Gammon 2,000,000
Simon Charles 2,000,000
Northland Capital Partners 3,206,451
For further information please contact:
Imaginatik plc Tel: 020 7917 2975
Matt Cooper, Executive Chairman / Shawn Taylor, CFO
Northland Capital Partners Limited Tel: 020 7796 8800
Tim Metcalfe / Edward Hutton
Newgate Threadneedle Tel: 020 7653 9850
Caroline Evans-Jones / Hilary Millar
Imaginatik provides a range of Innovation solutions comprised of consultancy,
enterprise software and program management to deliver innovation results to
companies such as The World Bank, NYSE, The Chubb Group of Insurance
Companies, Boeing, Pfizer, Goodyear, Paccar, Kellogg and Cargill. Few
companies possess the internal capability to consistently generate fresh
ideas, identify those worth pursuing and reliably transform them into real,
value-enhancing assets. Imaginatik's mission is to help these companies build
sustainable innovation competencies.
Imaginatik is a public company whose shares are traded on the AIM market of
the London Stock Exchange (LSE:IMTK.L) and is a World Economic Forum
Technology Pioneer with offices in Boston, MA, and Fareham, UK. For more
information visit www.imaginatik.com.
This information is provided by RNS
The company news service from the London Stock Exchange
IOEDMMZMGMMGZZZ -0- Nov/22/2012 07:00 GMT
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