INFS Infoserve

RNS Number:4458Q
Infoserve Group PLC
19 March 2008


Infoserve Group PLC (the "Company")

Grant of Share Options

On 17 March 2008, the Company granted options over 145,000 ordinary shares of 5
pence each ("Ordinary Shares") to David Balbi, Finance and Commercial Director,
through the Infoserve Group plc Enterprise Management Incentive Scheme (the "
Share Options").  The Share Options are exercisable at nil consideration.  The
issue of Ordinary Shares on the ultimate exercise of the Share Options will not
result in an increase in the Company's issued Ordinary Share capital as the
exercise will be satisfied by transfers of Ordinary Shares (the "Transfers")
from three of the Company's directors, Steve Barnes, Derek Oliver and David
Hood, as set out in the table below.  The rest of the existing shareholders will
not therefore suffer any dilution to their holdings as a result of the exercise
of these Share Options by David Balbi.

The transfers of Ordinary Shares will be from the three directors as follows:

Director                         Existing     Maximum number of   Number of Ordinary           Percentage
                             shareholding Ordinary Shares to be Shares following the         shareholding
                                                    transferred            Transfers        following the
                                                                                                Transfers

Steve Barnes                    1,709,081                19,836            1,689,245                8.86%

Derek Oliver                    1,844,760                21,416            1,823,344                9.56%

David Hood                      8,937,707               103,748            8,833,959               46.32%

Note that the Transfers shown in the above table will only take place when David
Balbi exercises the Share Options.

In addition to the Share Options, David Balbi also has options over 60,000
Ordinary Shares exercisable at 19.5 pence per share and options over 120,000
Ordinary Shares exercisable at 30 pence per share.


For further information, please contact:

Infoserve Group PLC
Steve Barnes, Chief Executive                                0870 556 1001

WH Ireland Limited
Richard Lindley                                              0113 394 6628



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

Grafico Azioni Infoserve (LSE:INFS)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Infoserve (LSE:INFS)
Storico
Da Giu 2023 a Giu 2024