Last Chance Share Option Promotion
All Distributors can qualify for 1,000 Telecom Plus share options.
Share Options are valuable! The value of the shares issued to Distributors under previous Share Option promotions now exceeds £20 million!
The Share Options you could receive under our new promotion will give you the opportunity to benefit from any increase in the value of the Company as we continue to grow.
You don’t have to pay anything upfront for your Share Options, so it’s completely risk-free - you can’t lose money with Share Options!
Under this promotion, every Distributor who meets the customer gathering criteria during the ‘Qualifying Phase’ (see below), will receive 1,000 Share Options in Telecom Plus PLC. So, for example, if the market price on the date we issue your Share Options is 850p, then you would receive Share Options over £8,500 worth of shares.
Expires On: 31/05/2013
The Qualifying Phase
The Qualifying Phase runs from 1 November 2012 to 31 May 2013.
During this period, Distributors simply need to gather at least 15 personal customers, each of whom must have successfully applied for at least 3 main services.
The Vesting Phase
The Vesting Phase will run for 36 months from 1 June 2013 to 31 May 2016.
1. During this period you must gather at least two ‘average quality’ personal customers each calendar month; you can satisfy this requirement by gathering either:
Two customers who have each applied for at least three Eligible Services; or
One customer who has applied for at least four Eligible Services, plus another customer who has applied for at least two Eligible Services.
2. You need to gather a minimum of 72 ‘average quality’ new customers in total during the Vesting Phase (ie: between 1 June 2013 and 31 May 2016).
3. All Distributors will receive a total of six lifebelts, one of which can be used in each six-monthly period throughout the Vesting Phase. The first such six monthly period will run from 1 June 2013 to 30 November 2013.
Use of a Lifebelt allows you to miss the customer gathering activity target for the calendar month in which the lifebelt is used, whilst not immediately dropping out of this promotion. An unused lifebelt cannot be carried forward for use in a subsequent six monthly period.
Please remember that even if you use your lifebelt(s) during the promotion, you must still achieve the minimum requirement of gathering at least 72 ‘average quality’ personal customers during the Vesting Phase.
This is your chance to earn a major stake in the Company's future. Just think what that could do for your future!
It's time to get busy!