Castleton Technology : Grant of Options

Castleton Technology plc

('Castleton', the 'Group' or the 'Company')

Grant of Options

Castleton (AIM: CTP), the software and managed services provider to the public and not-for-profit sectors, announces that it has today resolved to award options over 1.4% of the fully diluted share capital of the Company ('Options') to Dean Dickinson, Chief Executive Officer.

The Options will be a combination of EMI Share Options and Employee Share Scheme Options. The EMI Share Options have been granted today and the Employee Share Scheme Options will be granted upon receipt of approval from HMRC.

All the Options are evergreen, meaning that the percentage of the fully diluted issued share capital held under option will remain constant, notwithstanding any further issues of ordinary shares of 2 pence in the capital of the Company. All the Options are subject to performance criteria related to share price growth.

Enquiries:

About Castleton Technology plc

Castleton Technology plc is a leading supplier of complementary software and managed services to the public and not-for-profit sectors. The acquisitions of Montal, Documotive, Opus, Keylogic, Brixx and Impact Applications bring together an exceptional suite of solutions, providing the foundation for this platform. Castleton works in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service.www.castletonplc.com