11th Dec 2012 11:04
11 December 2012
Pursuit Dynamics plc
("PDX" or the "Company")
Grant of Share Options
PDX (AIM: PDX) announces that, on the 6 December 2012, the Company approved the grant of 2,000,000 options over ordinary shares ("Plan Options") to Hagen Gehringer, Chief Executive, under the PDX Share Option Plan and 1,400,000 options to Bernard Bulkin, Chairman, and 1,400,000 options and 1,000,000 options respectively to Philip Corbishley and Paul Banner, both non-executive Directors, under option agreements (together the "Share Options"). In this announcement, the Plan Options and the Share Options are collectively referred to as the Options.
As a result of the grant the Directors are currently interested in the following number of Ordinary Shares, and options over Ordinary Shares:
| Ordinary Shares | % | Total share options |
Bernard Bulkin | 2,362 | 0.003 | 1,500,000 |
Hagen Gehringer | - | - | 2,200,000 |
Paul Banner | - | - | 1,000,000 |
Phil Corbishley | - | - | 1,400,000 |
The Options have an exercise price of 3 pence per share and are subject to time and performance based conditions.
Enquiries:
Pursuit Dynamics plc 01480 422 050
Hagen Gehringer
Bernie Bulkin
Cenkos Securities plc, Nominated Adviser and Broker 020 7397 8900
Ian Soanes
Max Hartley
M:Communications 020 7920 2339
Nick Miles
Elly Williamson
Related Shares:
Gaming Realms