24th Mar 2011 13:41
24 March 2011
ProPhotonix Limited
("ProPhotonix" or "the Company")
Grant of Options
ProPhotonix Limited, (London Stock Exchange - AIM:PPIX and PPIR, OTC: STKR.PK), a designer and manufacturer of LED systems and laser modules, announces that on 23rd March 2011, 57,534 share options were awarded by the Remuneration Committee to certain non-executive directors of the Company under the 2007 Stock Incentive Plan. The options are exercisable at $0.09 per share based on the closing price on 22nd March 2011 on the OTC market. The options vest annually over four years.
Details of the grants are given below.
Director | Options granted | |
Gerald Vincent Bodenham Thompson | 28,767 |
|
Timothy Michael Steel | 28,767 |
|
Enquiries:
ProPhotonix Limited Mark W. Blodgett, CEO
| Tel: +44 (0)12 7971 7170 |
Libertas Capital Corporate Finance Limited Andrew McLennan / Thilo Hoffmann
| Tel: +44 (0)20 7569 9650 |
Cubitt Consulting Chris Lane / Alice Coubrough | Tel: +44 (0) 20 7367 5100
|
RD:IR Isabel Richardson / Thomas Churchill
| Tel: +44 (0) 20 7492 0500 |
About ProPhotonix
ProPhotonix Limited, headquartered in Salem, New Hampshire, is an independent designer and manufacturer of diode-based laser modules and LED systems for industry leading OEMs and medical equipment companies. In addition, the Company distributes premium diodes for Opnext, Sanyo & Sony. The Company serves a wide range of markets including the machine vision, industrial inspection, defense, sensors, and medical markets. ProPhotonix has offices and subsidiaries in the U.S., Ireland, and Europe. For more information about ProPhotonix and its innovative products, visit the Company's web site at www.prophotonix.com.
Related Shares:
Prophotonix