Wednesday | 3 December, 2008
Technology One employees continue to lap up share options
More shares issued as part of employee bonus plan
Technology One Limited (ASX: TNE) has issued a further 275,000 shares to its employees as part of the company's employee share option plan.
TNE estimates the share packet to be worth nearly $100,000.
The sale was made as a result of an exercise of the bonus options offered to the company's employees.
This deal brings the total number of shares held by TNE employees to over seven million out of the nearly 300 million shares the company has floated.
TNE shares were trading at $0.089 at time of writing.
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