TIDMOCG
RNS Number : 7028A
Oxford Catalysts Group PLC
03 April 2012
3rd April 2012
OXFORD CATALYSTS GROUP PLC
("Oxford Catalysts" or "the Group")
Grant of Options
Oxford Catalysts Group PLC announces the issuance of share options to Executive Directors as part of the Company's Long Term Incentive Plan. Under this plan, options are awarded based on performance; vesting occurs over a three year period and options expire 10 years following date of grant.
The awards are as follows:
(i) Susan Robertson, Chief Financial Officer, was granted 639,803 options over ordinary shares of GBP0.01 each in the Company ("Ordinary Shares") at an exercise price of 49 pence per share representing in total approximately 0.7% of the current issued Ordinary Shares. Following this grant, Susan Robertson holds 304,874 Ordinary Shares (representing approximately 0.3% of the current issued Ordinary Shares) and has options over 1,277,081 Ordinary Shares (representing approximately 1.4% of the current issued Ordinary Shares) and;
(ii) Roy Lipski, Chief Executive Officer, was granted 1,431,000 options over ordinary shares of GBP0.01 each in the Company ("Ordinary Shares"), representing approximately 1.6% of the current issued Ordinary Shares, at an exercise price of 49 pence per share. Following this grant, Roy Lipski holds 2,417,098 Ordinary Shares (representing approximately 2.7% of the current issued Ordinary Shares) and has options over 2,638,000 Ordinary Shares (representing approximately 2.9 % of the current issued Ordinary Shares).
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For further information, please contact:
Oxford Catalysts +44 (0)20 7831
Roy Lipski, CEO 3113
Susan Robertson, CFO +1 614 733 3300
+44 (0)20 7397
8900
Cenkos Securities (Nomad and Broker) +44 (0)131 220
Ken Fleming / Beth McKiernan 9772
FTI Consulting +44 (0)20 7831
Billy Clegg / Alex Beagley 3113
This information is provided by RNS
The company news service from the London Stock Exchange
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