Grant of Options
22 Juin 2010 - 4:28PM
UK Regulatory
TIDMINVU
RNS Number : 0554O
Invu plc
22 June 2010
22 June 2010
Invu plc
Grant of Options
Invu plc (INVU.L), ("the Company") the document management software provider,
today announces that, on 21st of June 2010, the Executive Directors of the
Company were granted options over ordinary shares of 1p each in the Company
("Ordinary shares"), in line with commitments made when they joined the Company.
Colin Gallick, Chief Executive Officer of the Company was granted an option over
five million Ordinary Shares. The option was granted at an exercise price of 1p
and can be exercised at the earlier of the achievement of a performance
condition or 16th April 2013. Following this award, Mr Gallick will have a total
of five million options over Ordinary Shares.
Ian Smith, Finance Director, was granted an option over one million Ordinary
Shares. The option was granted at an exercise price of 1p and can be exercised
at the earlier of the achievement of a performance condition or 24th August
2013. Following this award, Mr Smith will have a total of one million options
over Ordinary Shares.
-ends-
Enquiries:
+------------------------------------------------+------------------+
| Invu Plc | 01604 859893 |
+------------------------------------------------+------------------+
| Colin Gallick, CEO | |
+------------------------------------------------+------------------+
| Ian Smith, CFO | |
+------------------------------------------------+------------------+
| | |
+------------------------------------------------+------------------+
| Canaccord Genuity | 020 7050 6500 |
+------------------------------------------------+------------------+
| Simon Bridges | |
+------------------------------------------------+------------------+
| | |
+------------------------------------------------+------------------+
| FD | 020 7831 3113 |
+------------------------------------------------+------------------+
| Juliet Clarke / Haya Herbert-Burns / Emma | |
| Appleton | |
+------------------------------------------------+------------------+
About Invu
Invu [LSE, AIM, Symbol: INVU] develops software that incorporates document
management, content management, workflow, automation and collaboration
specialising in solutions for the mid-market and smaller businesses.
Also known as the paperless office, Invu typically gives a return on investment
in under six months, allowing companies to see efficiency savings in terms of
both money and time.
Invu's Open Search integration allows SharePoint users to utilise fully the
benefits of WSS or MOSS whilst retaining the functions of specialist document
and content management.
Invu's solutions enable automated scan, capture and management, processing and
output transformation. Invu also integrates with all major accounting systems
including ERP and CRM systems.
For more information about Invu: www.invu.net
This information is provided by RNS
The company news service from the London Stock Exchange
END
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