4th May 2007 07:01
Synchronica PLC04 May 2007 4 May 2007 Synchronica PLC (the "Company") Grant of Options, Director Shareholdings The Company announces today that it is granting options ("Options") to membersof senior management and certain directors of the Company according to thefollowing schedule: Name OptionsCarsten Brinkschulte* 1,077,000Angus Dent 450,000Management 1,550,000Total 3,077,000 * includes Options granted to a member of Mr Brinkschulte's immediate family whois also an employee of the Company. Each Option subscribes to one new ordinary share of 0.1p in the capital of theCompany at an exercise price of 11.75p each after a target price of 18p each hasbeen reached. The vesting period of the Options is three years withapproximately a third of the Options vesting upon each anniversary of thegranting date. The Options were granted on 2nd May 2007. The Options are being granted in addition to the ordinary shares beneficiallyowned by Carsten Brinkschulte and Angus Dent as set out in the schedule below: Director Ordinary shares Percentage of voting rights Carsten Brinkschulte 476,422 0.59Angus Dent 357,500 0.45 Carsten Brinkschulte and Angus Dent subscribed for 312,000 ordinary shares eachas part of the placing announced on 12 April 2007. The total number of ordinaryshares currently in issue after the placing is 80,150,081. Enquiries: Synchronica plcCarsten Brinkschulte, CEO +44 (0) 1892 552 799 +44 (0) 7977 256 406Angus Dent, CFO +44 (0) 1892 552 760 +44 (0) 7977 256 347Seymour Pierce LimitedDavid Newton, Director Corporate +44 (0) 20 7107 8000Finance Corfin CommunicationsBen Hunt, Harry Chathli +44 (0) 20 7929 8989 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Syncona