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Notification of deals by directors

15th Sep 2010 07:01

RNS Number : 6916S
Regenersis PLC
15 September 2010
 



15 September 2010

 

Regenersis Plc (the "Company")

 

Notification of deals by directors

 

 

The Company announces the following deals by directors in the Company's ordinary shares ("Shares").

 

Awards under the Company's 2010 Performance Share Plan ("PSP")

 

On 15th September 2010, the following directors were granted awards under the PSP in the form of options. The options are rights to acquire Shares for nil consideration, subject to the rules of the PSP and to the satisfaction of the applicable performance targets. No consideration was payable on the grant of an option.

 

Awards have been made to directors as follows:

 

Director

Number of shares subject to the award granted under the PSP

Gary Stokes

250,000

Jeremy Wilson

125,000

 

 

Awards under the PSP will normally be exercisable (to the extent performance targets are met) following 15th September 2013 and before 15th September 2020.

 

The above notification is intended to satisfy the Company's obligations under AIM Rule 17.

 

 

-ends-

 

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