5th Jul 2012 17:20
5 July 2012
Imperial Innovations Group plc
Grant of share options
The following directors have received awards, under Imperial Innovations' Long Term Incentive Plan ("LTIP"), of options over Ordinary shares each with an exercise price of 350 pence per Ordinary share ("Award Shares").
Number of Award Shares | |
Susan Searle | 85,714 |
Russ Cummings | 85,714 |
Julian Smith | 42,857 |
Imperial Innovations' LTIP was adopted by the Board on 24 May 2006 and was approved by shareholders of the Company at an extraordinary general meeting on 20 July 2006. It provides for awards of, or by reference to, Ordinary shares to be made to eligible employees. The options will vest between 2016 and 2021 subject to certain performance conditions having been satisfied.
-Ends-
Enquiries:
Imperial Innovations Group plc | +44 (0) 207 594 6505 |
Martin Knight, Chairman | |
Julian Smith, CFOO | |
College Hill | +44 (0) 207 457 2020 |
Adrian Duffield/Rozi Morris/Tim Watson | |
J.P. Morgan Cazenove | +44 (0) 207 588 2828 |
Michael Wentworth-Stanley/Paul Park |
Related Shares:
Imperial Innovations Group