Crimson Tide PLC
05 June 2007
Crimson Tide Plc
Grant of Share Options
5 June 2007
Crimson Tide Plc announces that on 5 February 2007 it granted options to
employees over 11,000,000 ordinary shares in the Company at an exercise price of
1.5p per share. These options have been issued under the Company's EMI Share
Option Scheme.
These EMI options are exercisable between the second and tenth anniversaries of
the date of grant provided that the target share price is achieved, being a bid
price of 2.5p in the preceding 5 business days.
Within the grant, Steve Goodwin, Chief Executive and Jeremy Roth, Sales Director
were granted 5,000,000 and 2,000,000 options respectively. The balance of
options were issued to other employees of the Company.
The above options are the only options held by Mr Goodwin and Mr Roth.
Enquiries:
Crimson Tide Plc Tel: 01892 542 444
Barrie Whipp, Executive Chairman
W.H. Ireland Tel: 0121 616 2101
Tim Cofman
This information is provided by RNS
The company news service from the London Stock Exchange
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