Grant of Options

Westside Acquisitions plc, the AIM listed investment vehicle with an 85 per cent. holding in Pantheon Leisure Plc ('Pantheon'), announces that further to the announcement dated 17 January 2011 outlining new appointments designed to diversify the management team of Pantheon's wholly owned division, Elms Sport in Schools Ltd, the Board of Westside has adopted an unapproved share option scheme and has resolved to grant a total of 7,000,000 options ('the Options') over ordinary shares in Westside.  The Options are exercisable for ten years from the date of grant at an exercise price of 1p per ordinary share.  In addition to the granting of 2,500,000 options to the existing Managing Director Barbara Moss, the following options have been granted to the new directors. 

 

Name

Position

Options Granted

James Vaughan (32)

Joint Managing Director

2,500,000

Angela Wilcox (36)

Head of Operations

1,000,000

Jason O'Connor (25)

Head of Coaching

1,000,000

 

 ** ENDS **

 

 

For further information please visit www.westsideacquisitions.com  or contact:

 

Geoffrey Simmonds

Westside Acquisitions Plc

Tel: 020 7935 0823

Mark Percy

Seymour Pierce Limited

Tel: 020 7107 8000

Catherine Leftley

Seymour Pierce Limited

Tel: 020 7107 8000

Elisabeth Cowell

St Brides Media & Finance Ltd

Tel: 020 7236 1177

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