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DJ Ganapati plc Adoption of New Share Option Scheme

 
TIDMGANP 
 
7 December 2017 
 
                                 Ganapati Plc 
 
                         ("Ganapati" or "the Company") 
 
                      Adoption of New Share Option Scheme 
 
The Directors wish to inform shareholders of the adoption of the Share Option 
Scheme (the "Scheme"). 
 
The Scheme is being introduced to incentivise and encourage a number of key 
members of staff by issuing further share options. The number of options that 
may be awarded under the Scheme is limited to a number of new ordinary shares 
of 1 pence ("Ordinary Shares")  representing maximum ten per cent of the issued 
share capital. The Board has approved the terms of the Scheme and, authorised 
an initial award of options to employees on 6 December 2017 (the "Date of the 
Grant") over 672,000 Ordinary Shares at an exercise price of 50p per share. 
 
Within the award of options referred to above, the following Directors have 
been granted options over a total of 180,000 Ordinary Shares: 
 
Shareholder Name           Number of Ordinary Shares          Percentage holdings 
 
Toshitaka Nakajima                                    100,000                   0,31% 
 
Hayato Terai                                           30,000                   0,09% 
 
Taku Sawada                                            50,000                   0,15% 
 
The following parties have an interest of more than 3% in the shares of the 
Company 
 
Shareholder Name          Number of ordinary shares          Percentage holdings 
 
Mr Naoaki Kurotaki        1,139,944                                            3.56% 
 
HLMS Inc.                 25,000,000                                          78.14% 
 
Neither this announcement nor the information contained herein constitutes an 
offer or solicitation by Ganapati Plc for the purchase or sale of any 
securities, nor does it constitute a solicitation to any person in any 
jurisdiction where solicitation would be unlawful. 
 
The Directors of Ganapati Plc accept responsibility for this announcement 
 
CORPORATE ADVISER AND CONTACT DETAILS: 
 
Ganapati Plc 
 
Tony Drury 
 
Chairman 
 
Telephone: 07973 737284 
 
NEX EXCHANGE CORPORATE ADVISER: 
 
Alexander David Securities Limited 
 
David Scott - Corporate Finance 
 
James Dewhurst - Corporate Broking 
 
Telephone: +44 (0) 20 7448 9820 
 
http://www.ad-securities.com 
 
 
 
END 
 

(END) Dow Jones Newswires

December 07, 2017 09:50 ET (14:50 GMT)