13th Aug 2008 14:04
13 August 2008
Pursuit Dynamics PLC
("the Company")
Grant of Options
Pursuit Dynamics plc (AIM: PDX), the developer and exploiter of the PDX platform technology, announces that Donald Bell was granted options over 135,000 ordinary shares in the Company effective 4th August 2008. Of the 135,000 shares; 67,500 were granted at an exercise price of 214.5p and can be exercised one third on 4th August 2009, one third on 4th August 2010 and one third on 4th August 2011; and 67,500 were granted at an exercise price of 1p and can be exercised at the earliest on 4th August 2011 subject to the achievement of a performance condition.
For Further Information, please contact:
Pursuit Dynamics PLC
John Heathcote, Chief Executive Tel: +44 (0)1480 422050
Redleaf Communications
Emma Kane / Paul Dulieu Tel: +44 (0)20 7822 0200
Cenkos Securities plc
Ian Soanes Tel: +44 (0)20 7397 8924
Notes to Editors
Pursuit Dynamics PLC (AIM: PDX) owns and commercialises the PDX(R) fluid processing reactor whose benefits include significant reductions in energy usage, process acceleration and result enhancement for industries such as Food & Drink, Brewing, Fire Suppression, Decontamination and Bio Ethanol production.
Pursuit Dynamics is headquartered in Huntingdon, UK and has an office in Norwalk, Connecticut, USA. Pursuit Processing Equipment Limited, the processing equipment division of Pursuit Dynamics, operates from its own facility in Brooklands, Surrey, UK.
Further information is available at the Company's website: www.pursuitdynamics.com
Publication quality photographs are available from Redleaf Communications
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