Grant of Options
Idox plc (AIM: IDOX) (the “Company”), a leading supplier of specialist information management solutions through its two major divisions, Public Sector Software and Engineering Information Management, announces that on 9 February 2015, the Board of the Company awarded options, pursuant to the Company’s unapproved share option scheme adopted by the Board on 1 February 2007, to Richard Kellett-Clarke, Chief Executive Officer and Jane Mackie, Chief Financial Officer, following the agreement of the terms of the options by the remuneration committee of the Board.
Mr Kellett-Clarke’s grant is in respect of options over 800,000 ordinary shares of 1p each in the capital of the Company (“Ordinary Shares”) at an exercise price of 38.38p per share (being the closing mid-market price of the Company’s Ordinary Shares on 9 February 2015) with the latest exercise date being 9 February 2025. Following this transaction Mr Kellett-Clarke’s beneficial interest in the Company is 12,562,911 Ordinary Shares representing 3.53% of the current issued share capital of the Company and he has outstanding options over 4,423,922 Ordinary Shares representing approximately 1.24% of the current issued share capital of the Company.
Ms Mackie’s grant is in respect of options over 90,000 Ordinary Shares at an exercise price of 38.38p per share (being the closing mid-market price of the Company’s Ordinary Shares on 9 February 2015) with the latest exercise date being 9 February 2025. Following this transaction Ms Mackie’s beneficial interest in the Company is 43,169 Ordinary Shares representing 0.01% of the current issued share capital of the Company and she has outstanding options over 1,285,122 Ordinary Shares representing approximately 0.36% of the current issued share capital of the Company.
Idox plc +44 (0) 870 333 7101
Martin Brooks, Chairman
Richard Kellett-Clarke, Chief Executive Officer
Jane Mackie, Chief Financial Officer
N+1 Singer (NOMAD and Broker) +44 (0) 20 7496 3000
Leander (Financial PR) +44 (0) 7795 168 157
About Idox plc
Idox plc is a supplier of specialist document management collaboration solutions and services to the public sector and increasingly to highly regulated asset intensive industries around the world in the wider corporate sector.
Its Public Sector Software Division is the leading applications provider to UK local government for core functions relating to land, people and property, such as its market leading planning systems and election management software. Over 90% of UK local authorities are now customers. The Division provides public sector organisations with tools to manage information and knowledge, documents, content, business processes and workflow as well as connecting directly with the citizen via the web, and providing elections management solutions. It also supplies in the UK and internationally, decision support content such as grants and planning policy information and corporates compliance services.
The Engineering Information Management Division delivers engineering document control, project collaboration and facility management applications to many leading companies in industries such as oil & gas, architecture and construction, mining, utilities, pharmaceuticals and transportation in North America and around the world.
The Group employs over 560 staff located in the UK, the USA, Canada, Europe, India and Australia.
Information last updated: 21 March 2018