8th Dec 2008 07:00
08 December 2008
Ceramic Fuel Cells Limited (the 'Company')
Director Shareholding
The Company announces that following shareholder approval at the annual general meeting on 26 November 2008 the following options were been granted to Brendan Dow, CEO on 5 December 2008:
|
Beneficiary
|
No. of Options
|
Exercise Price
|
Exercise Period
|
|
Brendan Dow
|
200,000
|
A$0.46
|
5 Dec 08 - 5 Dec 12
|
|
|
1,000,000
|
A$0.45
|
See Note 1
|
Note 1: Options vest when Mr Dow completes his current employment term (i.e. in June 2010 or earlier if the Board agrees). Exercise Period is four years from vesting.
Ends
For further information please contact:
|
Ceramic Fuel Cells |
|
|
Andrew Neilson |
Tel: +61 419 950 771 |
|
Nomura Code Securities |
Tel: +44 (0) 207 776 1200 |
|
Juliet Thompson / Chris Golden |
|
|
Hogarth Partnership (PR for CFCL) Nick Denton / Ian Payne / Vicky Watkins |
Tel: +44 (0) 20 7357 9477 |
www.cfcl.com.au
Related Shares:
Ceramic Fuel Cells