Immedia Group Announcements

RNS Number : 0108I Immedia Group PLC 12 November 2008  
Immedia Group Plc

("Immedia" or "the Company")

EMI SHARE OPTION SCHEME

Immedia Group Plc (AIM: IME.L), the UK's leading provider of live, tailored radio and video for retail, is pleased to announce the following details of the grant of new share options.

The following options were granted on 07 November 2008 under the Immedia Group Plc EMI share option scheme:

Name and Position:
EMI share options
Resultant beneficial interest
% of current issued share capital:
Bruno Brookes
Chief Executive Officer
30,000
2,096,620
14.4%
Ross Penney
Business Affairs Director
27,000
457,308
3.14%
All other qualifying staff
140,500
n/a
n/a

The following Unapproved share options were granted:

Name and Position:
Unapproved share options
Resultant beneficial interest
% of current issued share capital:
Charles Barker-Benfield
Finance Director
27,000
67,000
0.46%

The option price for all the above awards is 10 pence per share par value, which was a 17.6% premium to the closing mid market price on 06 November 2008.

These options have been granted to retain and incentivise all qualifying staff.

Full details of the performance criteria on which vesting of these options depends, including the achievement of significant growth in profits before tax, and expiry dates, will be disclosed in the Company's 2008 financial statements. 

Previous options granted at 110 pence on the Company's admission to AIM in December 2003 have been cancelled without replacement.
Contact:

Immedia Group Plc
Bruno Brooks, Chief Executive Officer        Tel: + 44 (0) 1635 572 800
www.immediabroadcasting.com

Daniel Stewart & Company plc
Simon Leathers/Tessa Smith                      Tel: + 44 (0) 20 7776 6550

Hudson Sandler
Nick Lyon                                                      Tel: + 44 (0) 20 7796 4133
 
Notes to Editor:

Listen, see, discover, install.

By providing live, tailored radio stations to retail, Immedia and its subsidiaries are able to specialise in audience engagement for both staff and consumers. The Company installs and operates radio stations to nearly 7,000 stores in the UK and Ireland, including banks, pharmacies and furniture stores.

Each radio station is tailored specifically to be the brand owner, featuring key presenters and including music to match the mood or product. The specialist ratio station offers interactive facilities, using text, web links and pod casts.
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