Grant of Options
23-06-2006
The Board of the Company announces that on 23rd June 2006, it granted the following options to subscribe for new ordinary shares in the Company to certain Directors as follows:
| Director |
Number |
Exercise Price |
Exercise Period |
| |
|
|
|
| Hugh McGarel-Groves |
250,000 |
@21p |
2006 to 2016 |
| |
|
|
|
| John Barry |
45,000 |
@21p |
2006 to 2016 |
In addition, a further 455,250 new options have been granted to employees of the Company on the same terms.
Following the above grants, a total of 8,464,923 options have been granted, representing approximately 7.17% of the Company's present issued ordinary share capital.
The current issued share capital of the Company is 118,071,850 shares with a nominal value of 0.05 pence each.
|
