11th Feb 2010 11:37
11 February 2010
Ark Therapeutics Group plc (the "Company")
Director Shareholding
On 7 January 2010, the Company's Remuneration Committee (which is comprised wholly of non-executive directors) awarded options over 150,000 ordinary shares to the Consultant Director of Molecular Medicine, Professor Seppo Ylä-Herttuala, under the Company's Consultancy Share Option Plan (the "Consultancy Plan").
Options will not be exercisable until at least three years from the date of issue. Options awarded under the Consultancy Plan have an exercise price of 16.05 pence per ordinary share. No consideration was paid for the grant of options.
Following this award, Professor Ylä-Herttuala will hold options over 1,049,999 ordinary shares.
For further information please contact:
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Ark Therapeutics Group plc |
+44 (0)20 7388 7722 |
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Martyn Williams, Company Secretary |
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Related Shares:
PVG.L