|By Marketwired .||
|April 23, 2014 02:01 AM EDT||
HONG KONG, CHINA -- (Marketwired) -- 04/23/14 -- NetDimensions (LSE: NETD) (OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, is pleased to announce the grant of share options to three executive directors ("Directors") as detailed below. The options are to be vested between two and four years. The first tranche vests after two years, the second after three years, and the third after four years. The options are all exercisable at a price of 73 pence each, and will convert into ordinary shares with a nominal value of US$ 0.001 each ("Ordinary Shares") on exercise.
2nd year 3rd 4th Total Number of vesting year year Options ordinary vesting vesting shares Jay Shaw 33,333 33,333 33,334 100,000 4,910,000# Ray Ruff 33,333 33,333 33,334 100,000 3,791,388* Matthew 100,000 75,000 75,000 250,000 6,000 Chaloner
# Jay Shaw's holding of Ordinary Shares includes 505,000 held by his spouse.
*Ray Ruff's holding of Ordinary Shares includes 1,000,000 held by his spouse.
NetDimensions (Holdings) Limited Tel: +852 2122 4500
Panmure Gordon (UK) Limited (Nomad & Broker) Tel: +44 20 7886 2500
Established in 1999, NetDimensions (LSE: NETD; OTCQX: NETDY) is a global provider of performance, knowledge and learning management solutions.
NetDimensions provides companies, government agencies and other organizations with talent management solutions 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, NetDimensions has been chosen by leading organizations worldwide including ING, Cathay Pacific, Hunter Douglas, Chicago Police Department, Geely Automotive, Fugro Group and Fresenius Medical Care.
The NetDimensions Interactive business unit provides content and application development services to personalize the learning
NetDimensions is ISO 9001 certified and NetDimensions hosted services are ISO 27001 certified.
For more information, visit www.NetDimensions.com or follow @netdimensions on Twitter.
This information is provided by RNS
The company news service from the London Stock Exchange