Last checked at 3 Jun 2009 13:25
NETCALL PLC
("Netcall" or "the Company")
Option Agreement
3 June 2009 - The Board of Netcall plc (AIM:NET), a leading provider of callback, auto-messaging and contact solutions, has resolved to cancel and re-grant 3,370,000 share options ("Options") over ordinary shares of 5p each in the Company ("Ordinary Shares") to Mr. Henrik Bang, Chief Executive.
The Board consider that the terms of the re-granted Options will more effectively align Mr Bang's and shareholders' interests in the Company.
The Options have an exercise price of 5p and are exercisable from 4 June 2009 in five equal tranches, subject to certain share price performance or financial conditions being met. The options will expire 48 hours after the time and date at which the Accounts for the Financial Year ended 30 June 2014 are published.
Following the re-grant of these options, Mr Bang will continue to hold a total of 3,770,000 Options over Ordinary Shares in the Company, representing 6.02% of the Company's current total issued share capital.
For further enquiries, please contact:
| Netcall plc | Tel. +44 (0) 1480 495300 |
| Michael Jackson, Chairman Henrik Bang, CEO Roger Allsop, NED | |
| Evolution Securities | Tel. +44 (0) 20 7071 4300 |
| Rob Collins / Tim Redfern / Adam James | |
| ICIS Limited | Tel. +44 (0) 20 7651 8688 |
| Tom Moriarty / Caroline Evans-Jones |
About Netcall
Netcall is a U.K. company listed on the AIM market of the London Stock Exchange. Based near Cambridge, Netcall develops and supplies innovative communication solutions to organisations of all sizes, including many blue-chip companies with global contact centre operations. As the leading specialist in callback, auto-messaging and contact solutions, Netcall helps organisations globally to increase profits and productivity while improving customer satisfaction and employee morale.
Solutions are deployed either onsite or as hosted managed services using Netcall's Intelligent Communications Platform (ICP). The company has more than a decade's experience owning and running a high-availability service platform co-located with international carriers. Netcall's customer list includes Birmingham City Council, BT, BUPA, First Direct, Halifax, Lloyds TSB, McAfee, npower, Oracle, Prudential, RBS (The Royal Bank of Scotland Group), United Utilities and Vertex.
Please visit www.netcall.com for more information.