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Director/PDMR Shareholding

13th Sep 2010 15:29

RNS Number : 5961S
Ark Therapeutics Group PLC
13 September 2010
 



13 September 2010

 

 

Ark Therapeutics Group plc (the "Company")

 

Director Shareholding

 

 

 

On 10 September 2010, the Company's Remuneration Committee (which is comprised wholly of non-executive directors) awarded options over 2,000,000 ordinary shares of 1 pence each to the Executive Chairman, Iain Ross, at an exercise price of 11.55 pence per ordinary share, being twice the closing middle market price on the date of grant. The options will not be exercisable until at least two years from the date of issue. No consideration was paid for the grant of options.

 

Following this award, Mr Ross will hold options over 2,000,000 ordinary shares.

 

 

 

For further information please contact:

 

Ark Therapeutics Group plc

Dr Edward Bliss, Company Secretary

+44 (0)20 7388 7722

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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