7th Jun 2005 13:31
7 June 2005 Pursuit Dynamics plc ("the Company") Directors Share OptionsThe Company's Board of Directors has today granted the following options todirectors under the Pursuit Dynamics Share Option Plan 2001 (as revised 15March 2005): No. of Options Total no. of Option price granted options following the grant Andrew Quinn 250,000 250,000 212.50p Brian Sweeney 100,000 100,000 212.50p Rooney Anand 100,000 100,000 212.50p Kester Scrope 250,000 750,000 212.50p Gary Pyle 150,000 750,000 212.50pThe options shall vest as to one third of the shares on each of the 1st, 2ndand 3rd anniversaries of the date of the grant. However if, within three yearsof the date of the grant, the Company's share price increases by 25% from itsvalue at the date of grant and remains at that value or a higher value for aperiod of 30 consecutive days, the option shall vest in full on completion ofthat 30 day period.For further information contact;John Heathcote, CEO Pursuit Dynamics plc +44 (0) 1763 250592Gary Pyle, CFO Pursuit Dynamics plc +44 (0) 1763 250592Steffan Williams/Paula Crymble, Capital MS&L +44 (0) 20 7307 5330ENDPURSUIT DYNAMICS PLCRelated Shares:
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