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Blinkx Plc  -  BLNX   

Directors' Dealings

Released 08:11 17-Sep-2013

RNS Number : 1719O
Blinkx Plc
17 September 2013
 



blinkx plc

 

(the 'Company')

 

Directors' Dealings

SAN FRANCISCO, CALIF. - September 17, 2013 - blinkx plc (LSE AIM: BLNX) announces that on 16 September 2013 Suranga Chandratillake, an Executive Director, notified the Company that he had exercised options over 174,834 blinkx plc Ordinary Shares ('blinkx Shares') at an exercise price of £0.16 per share, and subsequently sold those blinkx Shares at a price of £1.55 per share on 13 September 2013

These share options were granted under the blinkx plc 2007 U.S. Share Plan by virtue of Mr. Chandratillake's employment with blinkx. Following this transaction, Mr. Chandratillake has 2,487,179 unexercised share options remaining in the Company, representing 0.7% of the Company's issued share capital.

blinkx plc also announces that on 16 September 2013, Mr. Subhransu "Brian" Mukherjee and Mr. Suranga Chandratillake, both Executive Directors of the company were awarded 600,000 and 200,000 restricted stock units, respectively, in accordance with the US Share Plan for Senior Executives. Following this grant, Mr. Mukherjee has 600,000 restricted stock units and Mr. Chandratillake has 200,000 restricted stock units in the Company.

 

For further information please contact:

Capita Company Secretarial Services

+44 (0) 207 954 9543

 

Charles Lytle

Christopher Wren

Citigroup Global Markets Ltd

NOMAD and Broker for blinkx

 +44 (0)207 986 9756


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Directors' Dealings - RNS