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Grant of options

1st May 2015 14:04

RNS Number : 0476M
KBC Advanced Technologies plc
01 May 2015
 

1 May 2015

 

KBC ADVANCED TECHNOLOGIES PLC

(the "Company")

 

Grant of Options

 

The company announces that on 30 April 2015 the executive directors shown below were granted awards of share options over ordinary shares in the company of 2.5 pence each ("Ordinary Shares") under the Company's Discretionary Share Option Plan 2013. The awards will be exercisable, subject to performance conditions, between 2015 and 2025 and the exercise price will be 2.5 pence per Ordinary Share. No consideration was paid for the grant of the awards.

 

Name: Andrew John Howell

Number of Ordinary Shares over which award made: 175,000

 

Name: Kevin Edward Smith

Number of Ordinary Shares over which award made: 100,000

 

Following the above award, Mr Howell is interested in 54,843 Ordinary Shares, representing approximately 0.07% of the issued share capital of the Company, and holds options over 326,500 Ordinary Shares.

 

Following the above award, Mr Smith is interested in 47,683 Ordinary Shares, representing approximately 0.06% of the issued share capital of the Company, and holds options over 227,500 Ordinary Shares.

 

The percentages shown above are based on the Company's issued share capital of 82,211,546 Ordinary Shares.

 

 

Enquiries:

 

Janet Ireland, Company Secretary Tel: 01932 242424

 

Bobbie Hilliam, NOMAD Tel: 020 7397 8900

 

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

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