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RNS Number : 1770D
Landkom International Plc
27 November 2009
 



27 November 2009


LANDKOM INTERNATIONAL PLC 


Director share purchases and grant of options


Certain directors of Landkom International PLC (AIM: LKI, 'Landkom' or 'the Company'), agreed to subscribe for new ordinary shares of £0.001 in the Company ('New Shares') under the placing announced on 22 October 2009.  Following completion of the placing, the interests of these directors are as follows:



Director

No. of New Shares subscribed for

Percentage of Company's issued share capital

Neil Balfour 

3,000,000

0.69%

Ben Adams  

1,000,000

0.23%

Stephen Pickup 

240,000

0.06%

Gerald Howarth 

40,000

0.01%



Landkom also announces that it has today granted share options to certain members of the operational management and to certain of its Directors, totalling 18,637,679 options representing 4.3% of the current issued share capital of the Company. Disclosure regarding issuance of options to Directors is as follows:


Director

No of Options

Exercise 

Price 

Exercise date

Total number of options post grant

Vitaliy Skotsyk

8,700,179

6.75p

2,900,060  27 November 2010

8,700,179




2,900,060  27 November 2011





2,900,059  27 November 2012


Stephen Pickup

3,500,000

6.75p

1,166,667  27 November 2010

6,000,000




1,166,667  27 November 2011





1,166,666  27 November 2012




Following this grant of new options, the Company will a have a total of 27,602,516 options in existence, representing 6.3 per cent. of the Company's issued share capital.


Enquiries: 


Landkom International Plc (www.landkominternational.com)


Neil Balfour, Chairman

+44 (0) 1462 790175



Liberum Capital


Simon Atkinson

+44 (0)20 3100 2000



College Hill  


Simon Whitehead/Adrian Duffield

+44 (0)20 7457 2020



This information is provided by RNS
The company news service from the London Stock Exchange
 
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