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Grant of Options

23rd Feb 2012 13:39

RNS Number : 0078Y
Environmental Recycling Tech. PLC
23 February 2012
 



Environmental Recycling Technologies plc

Grant of Options

The Company announces that it has granted the following options over ordinary shares of 2.5p in the Company to Lee Clayton

 

Name of Director

Position

Number of old options held

Number of new options granted

Total options held following grant

Lee Clayton

Non Executive Director

-

1,000,000

1,000,000

 

These options granted today to Lee Clayton are exerciseable until 10 November 2014 and have been granted at the nominal value of 2.5 pence representing a 26 per cent. premium to the closing mid market price on 22 February 2012 of 1.98 pence.

 

 

Enquiries:

Environmental Recycling Technologies Plc

Tel: 0845 071 1394

Roger Baynham (Managing Director)

Ken Brooks (Chairman)

Evolution Securities

Tel: 020 7071 4308

Jeremy Ellis

 

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