Cancellation and Re-Issue of Options

Impact Holdings (UK) plc ("Impact" or "The Group")

Cancellation and Re-Issue of Options

Impact Holdings (UK) plc (AIM: IHUK) announces that on 10th January 2014 it cancelled a total of 125,000 options (the "Cancelled Options") over the Company's Ordinary Shares which had previously been granted to Roger Barlow, Paul Davies, Stuart Burn and David Hughes. The Company subsequently granted 125,000 Replacement options and 130,000 New options (the "Collective New Options") under the Executive Share Option Plan to Roger Barlow, Paul Davies and Stuart Burn.

The Collective New Options have been granted on primarily the same terms as the Cancelled Options therefore they have been granted with an exercise price of 58p per share and are exercisable at any time within a ten year period from 1st April 2014. Following the grant, the interests of these Directors in options are as follows:

Name Options Granted from
Executive Share Option Plan 		Options Granted from
Impact CSOP 		Total Options
Roger Barlow 90,000 - 90,000
Paul Davies 235,000 40,000 275,000
Stuart Burn 135,000 40,000 175,000

Save for the above, the Directors' beneficial interests remain unchanged and as previously announced.



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