NETDIMENSIONS (HOLDINGS) LIMITED 
By NetDimensions (AIM:NETD), a global provider of performance, knowledge and learning management systems, announces that on 3 January 2013 the Board has issued and allotted 50,000 ordinary shares of US$0.001 each in the Company ("Ordinary Shares") to the following Non-Executive Directors of the Company. These awards have been made to them as part of their remuneration package.
| No. of shares allotted | Following Admission total holding of ordinary shares in the Company | Following Admission total holding as % of total issued share capital | |||||
| Roger Durn (Non-Executive Chairman) | 20,000 | 150,000 | 0.59% | ||||
| Graham Higgins (Non-Executive Director) | 15,000 | 139,500 | 0.55% | ||||
| Anna Thompson (Non-Executive Director) | 15,000 | 20,500 | 0.08% |
In addition, upon the exercise of 25,000 options on 3 January 2013, 25,000 ordinary shares of US$0.001 each in the capital of the Company have been allotted and will be issued.
The new Ordinary Shares will rank equally with the existing Ordinary Shares in the Company. Application has been made for these Ordinary Shares to be admitted to trading on AIM ("Admission"), which is anticipated to commence on 8 January 2013.
Netdimensions is also issuing share options to Matthew Chaloner, CFO. The options are to be vested between two and four years. The first tranche vests after two year, the second after three years and the third after four years. The options are all exercisable at a price of 51 pence, and will convert into Ordinary Shares on exercise.
| 1 year vesting | 2 year vesting | 3 year vesting | 4 year vesting | Total Options | |||||||
| Matthew Chaloner | - | 100,000 | 75,000 | 75,000 | 250,000 |
Following Admission the total number of Ordinary Shares with voting rights in issue will be 25,409,826. There are no shares held in treasury.
The above figure of 25,409,826 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
For further information:NetDimensions (Holdings) Limited |
Jay Shaw |
+852 2122 4500 |
Panmure Gordon (UK) Limited |
Fred Walsh | +44 (0) 20 7886 2500 |
Walbrook PR Ltd |
Bob Huxford | bob.huxford@walbrookpr.com |
Established in 1999, NetDimensions (AIM: NETD; OTCQX: NETDY) is a global provider of performance, knowledge and learning management systems.
The NetDimensions Talent Suite enables companies, government agencies and other organizations to personalize learning, share knowledge, enhance performance, foster collaboration, and manage compliance programs for employees, customers, partners and suppliers.
Recognized as one of the talent management industry's top-rated technology suppliers in overall customer satisfaction, NetDimensions has been chosen by multinational organizations worldwide including ING, Cathay Pacific, Chicago Police Department, Delphi Automotive, Progress Software, and Travelex.
NetDimensions is ISO 9001 certified and NetDimensions hosted services are ISO 27001 certified.
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