Mobile Tornado Group PLC Grant of Options (8006O)
November 10 2016 - 2:00AM
UK Regulatory
TIDMMBT
RNS Number : 8006O
Mobile Tornado Group PLC
10 November 2016
10 November 2016
Mobile Tornado Group plc
("Mobile Tornado" or the "Group")
Grant of Options
Mobile Tornado (AIM: MBT), the leading provider of instant
communication mobile applications to the enterprise market,
announces the following grant of options over ordinary shares of 2
pence ("Ordinary Shares") each in the Group and pursuant to the
2008 Israeli share option plan to the following Executive
Director:
Executive Director No. of options Exercise price
Abraham ('Avi') 2,000,000 4.0 pence
Tooba
The options were granted on 4 November 2016 and may not be
exercised prior to 4 November 2019 (save as may be provided under
the Rules of the Scheme).
Following this award, Avi's total options over Ordinary Shares
in the Group is 4,000,000.
Enquiries:
Mobile Tornado Group plc www.mobiletornado.com
Jeremy Fenn, Executive Chairman via Walbrook PR
Avi Tooba, Chief Executive
Officer
Investec Bank plc (Nominated
Adviser & Broker) +44 (0)20 7597 4000
Dominic Emery / Carlton
Nelson
Walbrook PR Ltd +44 (0)20 7933 8780
Paul Cornelius or mobiletornado@walbrookpr.com
Helen Cresswell
This information is provided by RNS
The company news service from the London Stock Exchange
END
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