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Grant of Warrants - Replacement

8th Jan 2009 13:48

RNS Number : 3432L
Akers Biosciences, Inc.
08 January 2009
 

8 January 2009-Correction

The following amended text replaces RNS Number:3247L issued at 12.00 today.

Akers Biosciences Inc.

Grant of Warrants

Akers Biosciences, Inc (AIM:AKR), a leading designer and manufacturer of rapid diagnostic screening and testing products, announces the grant of warrants over a total of 2,110,000 common shares of nil par value to the following Directors:

 

Director
Exercise Price (p)
Number of warrants
Resultant holding of warrants
 
 
 
 
Thomas A. Nicolette
12
500,000
4,050,000
Edward Mulhare
12
500,000
844,000
Raymond Akers
12
500,000
5,550,000
Daniel Seckinger
12
500,000
932,000
Charles Bunker
12
110,000
110,000

The warrants are exercisable immediately and have a 10 year term.

Enquiries:

Thomas A. Nicolette

President and CEO

Tel. +1 856 848 8698

Ben Simons

M: Communications

Tel. +44 (0)20 7153 1540

Alasdair Younie

Arbuthnot Securities Limited

Tel. +44 (0)20 7012 2000

About Akers Biosciences

Akers Biosciences, Inc. develops, manufactures, and supplies rapid, point of care screening and testing products designed to bring healthcare information both rapidly and directly to the consumer or healthcare provider. The Company has advanced the science of diagnostics while responding to major shifts in healthcare through the development of several proprietary platform technologies. The company's state-of-the-art rapid diagnostic assays can be performed virtually anywhere in minutes when time is of the essence. ABI has aligned with major healthcare companies and high volume medical products distributors to maximize product offerings, and to be a major worldwide competitor in diagnostics. Additional information on the Company and its products can be found at www.akersbiosciences.com.

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