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Share Options

Image Scan (AIM: IGE) announces it has granted options to subscribe for 3,950,000 new ordinary shares of one pence each in the Company (“Ordinary Shares”) (“Options”). The Options have been granted to certain of the Company’s executive directors and staff under the Image Scan Enterprise Management Incentives Share Option Plan.

The Options have an exercise price of 2.25 pence, a three year vesting period and expire on the tenth anniversary of the date of the grant.

The Options granted include the following in respect of directors of the Company:

Number of New Options Granted Existing Options Under EMI Existing Options under Unapproved Scheme
Bill Mawer 1,000,000 1,000,000 1,500,00
Vince Deery 1,000,000 1,000,000             –
Tim Jackson                –    200,000    300,000
Richard Leaver                –    200,000     300,000

Following the grant of the Options, the total number of options outstanding over Ordinary Shares is 10,133,000 equivalent to 8.07% of the Company’s existing issued share capital.


For further information, please contact:

Image Scan Holdings plc Tel: +44 (0) 1509 817 400
Bill Mawer, Chairman and Chief Executive Officer

Cantor Fitzgerald Europe Tel: +44 (0) 207 894 7000
Rick Thompson / David Foreman
David Banks