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Share Options

4th Feb 2009 12:32

RNS Number : 7889M
Immupharma PLC
04 February 2009
 



For Immediate Release

4 February 2009

ImmuPharma PLC

Grant of Options

ImmuPharma PLC (LSE:IMM), ("ImmuPharma" or the "Company"), the specialist drug discovery and development company, granted today share options to certain of its employees and Directors. The Company has adopted a HM Revenue & Customs approved share ownership plan (CSOP) and an unapproved share option scheme.

The amount of options granted are summarised in the following table:

Director

Options Granted

Richard Warr

140,000

Robert Zimmer

150,000

Dimitri Dimitriou

140,000

Franco di Muzio

100,000

Ajay Agrawal

100,000

The share options provide the right to subscribe for ordinary shares of 10 pence each in the Company at a price of 86.5 pence each, the closing middle market price on 3 February 2009. The options are exercisable between 3 years and 10 years from the date of grant.

For further information, please contact:

ImmuPharma PLC

Dimitri Dimitriou, Chief Executive Officer 020 7152 4080

Richard Warr, Chairman 020 7152 4080

Dr Robert Zimmer, President & Chief Scientific Officer +33 389 32 76 50

Panmure Gordon & Co (Nominated Advisor and Broker)

Andrew Burnett / Rakesh Sharma (Corporate Finance)  020 7459 3600

Ashton Clanfield (Corporate Broking)

Buchanan Communications  020 7466 5000

Lisa Baderoon

Rebecca Skye Dietrich

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