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Grant of Options

25th Jun 2014 07:00

RNS Number : 4281K
Weatherly International PLC
25 June 2014
 



Weatherly International Plc('Weatherly' or the 'Company')

 

Grant of Share Options

 

Weatherly announces that it has granted 3,333,333 options over ordinary shares of 0.5p each ('Options') to Rod Webster, Chief Executive Officer of the Company, in lieu of a cash bonus.

 

The Options vest immediately and are exercisable at a price of 3.13p per Option. The Options expire 10 years from the date of issue.

 

Following the grant of the Options, Mr Webster's interest in the Company is as follows:

 

Current Shareholding

Percentage of issued Ordinary Share Capital

Total options

held

27,343,800

4.43%

5,833,333

 

 

For further information please contact:

 

Weatherly International Plc +44 (0) 20 7917 2989

Rolf Gerritsen, Senior Executive

 

RFC Ambrian Limited +44 (0) 20 3440 6800

(Nominated Adviser & Broker)

Samantha Harrison

James Biddle

 

 

 

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

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