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Grant of Options

27th May 2011 10:26

RNS Number : 4340H
ProPhotonix Limited
27 May 2011
 



 

27 May 2011

 

ProPhotonix Limited

("ProPhotonix" or the "Company")

 

Grant of Options

 

ProPhotonix Limited, (London Stock Exchange - AIM: PPIX and PPIR, OTC: STKR.PK) announces that on 26 May 2011, under the 2007 Stock Incentive Plan, the following share options were granted over Common Shares to non executive directors in line with their service contracts.

 

Name No of options Exercise Price

 

R Oglethorpe 166,666 $0.21

T Steel 166,666 $0.21

D Klenner 166,666 $0.21

V Thompson 166,666 $0.21

 

These options have an expiry date of 26 May 2021 and vest over a 4 year period at 25 per cent per annum.

 

Enquiries:

 

ProPhotonix Limited

Mark W. Blodgett, CEO

 

Tel: +44 (0)12 7971 7170

[email protected]

Brewin Dolphin Limited

Neil Baldwin

 

Tel: +44 (0)113 241 0130

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.

 

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