4 May 2007 15:29
iimia Investment Group Long Term Incentive Plan Award
iimia Investment Group plc ("iimia") announces that an award of options was granted under the iimia Investment Group plc Long Term Incentive Plan ("LTIP plan") on 3 May 2007.
The LTIP plan was approved by the shareholders of the Company at the extraordinary general meeting on 27 September 2006.
The Award of 84,000 shares has been made to a senior executive who is not a Director of the Company.
The extent to which any of these options may be exercised is dependent upon the performance of iimia over the measurement period, as defined under the LTIP plan. Following the end of the measurement period, the Shares that have vested under an option may be acquired by the option holder for an option exercise price of ‚£1 in accordance with the rules of the LTIP plan.
4 May 2007
IIMIA INVESTMENT GROUP PLC