Ashpool Telecom plc
LSE : ASHP

June 09, 2008 06:42 ET

Statement re Issue of Options and Notice of EGM

                                                                                                   GB0007235459
9th June 2008
                                              Ashpool Telecom Plc

                                                       
                                        ISSUE OF OPTIONS/ NOTICE OF EGM



The  Board  of  Ashpool  Telecom is pleased to announce the issue of share options to its  Chairman  and  Chief
Executive Officer.

A  share  option over 5% of the issued share capital of the company @ 10p has been granted to Lowry  Investment
Capital Limited ("Lowry"), a company connected with the Chairman of the Company, Scott Fletcher. The option can
be exercised for a period of 9 years following a share sale.

A  share option of 273,500 shares @ 12p has been granted to Jennifer Allsop, CEO under the company's EMI  share
option scheme. The option runs for a period of 4 years and may be exercised after 3 years or a share sale.

The Shareholders have today been notified of a General Meeting which will be held at 10.00 Tuesday 8th July  at
St  Helen's Capital Plc to consider and adopt the change of Company's name from Ashpool Telecom plc to  Command
Technology Group Plc.

The Directors of the Issuer accept responsibility for this announcement.


ENDS

For more information, please contact
Ashpool Telecom plc
Jennifer Allsop
Chief Executive Officer
01293 885 222

or

St Helen's Capital Plc
Barry Hocken/Duncan Vasey
Corporate Adviser
020 7628 5582


Contact Information

  • Ashpool Telecom plc