REG - Mobile Tornado Group - Grant of Options <Origin Href="QuoteRef">MBLT.L</Origin>

Mobile TornadoAnnouncement

10/11/2016 08:00

RNS Number : 8006O
Mobile Tornado Group PLC
10 November 2016
10 November 2016
Mobile Tornado Group plc
("Mobile Tornado" or the "Group")
Grant of Options
Mobile Tornado (AIM: MBT), the leading provider of instant communication mobile applications to the enterprise market, announces the following grant of options over ordinary shares of 2 pence ("Ordinary Shares") each in the Group and pursuant to the 2008 Israeli share option plan to the following Executive Director:
Executive Director
No. of options
Exercise price
Abraham ('Avi') Tooba 
2,000,000
4.0 pence
The options were granted on 4 November 2016 and may not be exercised prior to 4 November 2019 (save as may be provided under the Rules of the Scheme).
Following this award, Avi's total options over Ordinary Shares in the Group is 4,000,000.
Enquiries:
Mobile Tornado Group plc
www.mobiletornado.com
Jeremy Fenn, Executive Chairman
Avi Tooba, Chief Executive Officer
via Walbrook PR
Investec Bank plc(Nominated Adviser & Broker)
+44 (0)20 7597 4000
Dominic Emery / Carlton Nelson
Walbrook PR Ltd
+44 (0)20 7933 8780
Paul Cornelius
ormobiletornado@walbrookpr.com
Helen Cresswell

This information is provided by RNS
The company news service from the London Stock Exchange
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