4th Aug 2015 11:57
Tristel plc
("Tristel" or "the Company")
Directors dealing/grant of options
Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces today that Paul Swinney, CEO and Elizabeth Dixon, Finance Director, have been granted options over 636,567 ordinary 1 pence shares ("Ordinary Shares") under the Tristel plc Performance Share Plan 2015. The options are exercisable at 1 pence per share subject to certain profit objectives being met or the share price of the Company being equal to or greater than 134 pence per Ordinary Share for a period of 30 consecutive dealing days.
The options are exercisable for a period of five years from date of vesting in three equal tranches following publication of the annual results. The first tranche will vest, if performance conditions are met, on publication of the results to 30 June 2016.
Following the award, the equity interests of the executive directors are as follows:
Director | Ordinary Shares currently held | Options over Ordinary Shares currently held | Options over Ordinary Shares granted | Total options held post grant | Percentage interest in fully diluted share capital |
Paul Swinney | 915,000 | 1,250,000 | 414,179 | 1,664,179 | 5.8% |
Liz Dixon | 45,067 | 227,500 | 222,388 | 449,888 | 1.1% |
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Total | 960,067 | 1,477,500 | 636,567 | 2,104,067 | 6.9% |
For further information please contact:
Tristel plc | Tel: 01638 721 500 | |
Paul Swinney, Chief Executive Officer |
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Liz Dixon, Finance Director |
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Walbrook PR Ltd | Tel: 020 7933 8780 or [email protected] | |
Paul McManus | Mob: 07980 541 893 | |
Lianne Cawthorne | Mob: 07584 391 303 | |
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finnCap | Tel: 020 7220 0500 | |
Geoff Nash/ Giles Rolls (Corporate Finance) |
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Stephen Norcross (Corporate Broking) |
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Related Shares:
Tristel