6th Apr 2006 16:47
Plethora Solutions Holdings PLC06 April 2006 For immediate release 6 April 2006 Plethora Solutions Holdings plc Share Options Award Plethora Solutions Holdings PLC ("Plethora" or the "Company", AIM : PLE), aUK-based speciality pharmaceutical company focused on the development ofproducts for the treatment and management of urological diseases, announces thefollowing arrangement with respect to share options awarded to Directors andother employees. The Remuneration Committee of the Company has agreed and authorised the grantingof options to subscribe for ordinary shares in the Company, under the PlethoraSolutions Holdings plc Executive Share Option Plan ("the Plan") to variousEligible Employees of the Company (as defined by the Rules of the Plan). The exercise price for each Option will be 202p per ordinary share of 1p each inthe capital of the Company ("Ordinary Shares") and the Options will beexercisable between the third and tenth anniversaries of the date the optionswere granted. Details of the Options are as follows: Name Historical Options Current Issue Revised level of options Michael G Wyllie 444,444 100,000 544,444Other Employees 412,436 269,189 681,625Total 856,880 369,189 1,226,069 For further information please contact: Steven Powell, CEOPlethora Solutions Tel : 0207 269 8630 Tim MickleyCollins Stewart Tel : 0207 523 8350 Tim Anderson, Isabel PoddaBuchanan Communications Tel : 0207 466 5000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Plethora Solutions Holdings Plc