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4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Internetq Plc    INTQ   GB00B5BJJR09

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Internetq Plc : Award of Shares under Share Incentive Plan

04/26/2012 | 02:43pm US/Eastern
RNS Number : 1924C
InternetQ plc
26 April 2012

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26 April 2012


INTERNETQ plc

("InternetQ" or "the Company")

Award of Shares under Share Incentive Plan

InternetQ plc(LSE-AIM: INTQ), one of the leading providers of mobile marketing and entertainment solutions announcesthat it has, today, awarded 150,000 new ordinary shares of 0.25 pence each ("ordinary shares") in the Company to certain eligible employees.  These shares were awarded under the Share Incentive Plan (as disclosed in paragraph 10 of Part IV of the Company's AIM Admission document dated 6 December 2010) following the achievement of certain financial performance targets for the financial year ended 31 December 2011.

The new ordinary shares will be issued and allotted on the following dates:

50% on 28 March 2013

50% on 28 March 2014

Veronica Nocetti, Chief Financial Officer of the Company, was one of the eligible employees and received an award of 30,000 ordinary shares to be issued and allotted on the dates outlined above.  Ms Nocetti currently holds 25,000 ordinary shares representing 0.1 per cent of the issued share capital of the Company.

Konstantinos Korletis, Chief Executive Officer of the Company, was another one of the eligible employees and received an award of 40,000 ordinary sharesto be issued and allotted on the dates outlined above.  Mr Korletis currently holds 750,000 ordinary shares representing 2.39 per cent of the issued share capital of the Company.

Panagiotis Dimitropoulos, President and Founder of the Company, was another one of the eligible employees and received an award of 80,000 ordinary sharesto be issued and allotted on the dates outlined above.  Mr Dimitropoulos currently holds 18,150,000 ordinary shares representing 57.83 per cent of the issued share capital of the Company.

About InternetQ

InternetQ is a trusted global leader in mobile marketing and digital entertainment solutions.  Through its proprietary technology platforms, InternetQ enables mobile network operators, brands, and media companies to conduct targeted, interactive and measurable mobile communications and pushes the frontiers in digital mobile entertainment. InternetQ is a publicly traded company listed on the London Stock Exchange's AIM, under the symbol INTQ.

For more information, please visitwww.InternetQ.com.

For further details

InternetQ

Konstantinos Korletis, Chief Executive Officer

Veronica Nocetti,CFO

Tel: +30 (211) 101 1101

Tel: +30 (693) 260 0128

Tel: +30 (694) 420 5275

Buchanan

Jeremy Garcia /Tim Thompson/Gabriella Clinkard

Tel: +44 (0)20 7466 5000

Grant Thornton Corporate Finance

Philip Secrett / David Hignell

Tel: +44 (0)20 7383 5100

RBC Capital Markets

Stephen Foss / Pierre Schreuder / Daniel Conti

Tel:  +44 (0)20 7653 4000


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