2nd May 2013 10:34
Energetix Group Plc
("Energetix" or the "Company")
Grant of share options
Energetix Group plc, (AIM: EGX), which develops and commercialises alternative and efficient energy products, announces that it has today granted the following subscription options over its ordinary shares of 5p each to Tony Stiff:
No. of subscription options | Exercise price | Issued share capital of the Company | |
Tony Stiff (Group Chief Executive Officer) | 1,325,056 | 17.25p | 1% |
One third of these options will be exercisable on the Company's AIM mid-market share price being maintained at 50 pence or higher for not less than one calendar month; another third will be exercisable on the Company's AIM mid-market share price being maintained at £1 or higher for not less than one calendar month; and the final third will be exercisable on the Company's AIM mid-market share price being maintained at £1.50 or higher for not less than one calendar month.
These options have been granted to Tony Stiff under the Company's Unapproved Share Option Scheme.
Energetix Group plc |
www.energetixgroup.com |
Clare Spottiswoode, Executive Chairman | Tel: +44 (0)151 348 2100 |
Cenkos Securities plc (NOMAD & Broker) | www.cenkos.com |
Stephen Keys / Adrian Hargrave (Corporate Finance / Nomad) Julian Morse (Sales) | Tel: +44 (0)20 7397 8900 |
Walbrook PR Ltd | Tel: +44 (0)20 7933 8780 |
Paul McManus (Media Relations) | |
Paul Cornelius (Investor Relations) |
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Flowgroup