15th Apr 2009 09:45
15 April 2009
CareTech Holdings PLC ('CareTech' or 'the Company')
Grant of options
CareTech announces that on 14 April 2009 ('Date of Grant'), the Company granted David Pugh (Finance Director), under the CareTech Holdings 2005 Unapproved Executive Share Option Scheme, options over 46,154 ordinary shares of 0.5p in the Company ('Options'), at an exercise price of 0.5 pence per share.
The Options are subject to performance condition and David Pugh agreeing to meet the employers NIC liability. The Options will be exercisable at the earliest after a period of 30 dealing days following the third anniversary of the Date of Grant of the Option and at the latest before the end of a 12 month period following the third anniversary of the Date of Grant of the Option.
For further enquiries please contact:
CareTech Holdings plc:
David Pugh: 01707 652 053
Brewin Dolphin Investment Banking:
Matt Davis: 0845 213 4852
Sean Wyndham-Quin
Related Shares:
CTH.L