CML Microsystems Plc
(the "Company")
Grant of Options to Directors
The Company announces that on 15 June 2011 it granted options over a total of 432,313 Ordinary Shares of 5 pence each in the Company at a price of £2.20 per share. The options were granted under the CML Microsystems Plc share option schemes and are applicable to the Company's global employee base.
A total of 40,000 Ordinary Shares of 5p each were granted to the Directors as follows:
Director |
No. of options granted on 15 June 2011 |
Details |
No. of options held subsequent to the grant |
No. of shares in Company in which Director has voting rights (%ISC)
|
Chris Gurry |
20,000 |
at 220 pence, being the average closing mid-price for the previous three days before grant.
|
20,000 |
833,404 (5.31%) |
Nigel Clark |
20,000 |
at 220 pence, being the average closing mid-price for the previous three days before grant
|
167,162 |
230,599 (1.47%) |
All the new options granted are exercisable for a period of 10 years from 15 June 2014 until 15 June 2021.