Eckoh Technologies PLC
08 October 2004
For Immediate Release 8 October 2004
Eckoh Technologies plc ("the Company")
Notification of Directors' Interests
The Company received notification on 7 October 2004 that each of Mr Martin
Turner and Mr Nik Philpot, both Directors of the Company, had surrendered
options over ordinary shares of 0.25 pence each in the Company ("Shares") as
granted to them conditionally from 12 October 1999 as consideration for new
options granted, as follows:
(a) Grant of Options
Name Shares granted under Option Option Price per Share
Mr Turner 718,412 7.88p
Mr Philpot 718,412 7.88p
(b) Surrender of Options
Name Shares under Option Option Price per Share Date Granted
Mr Turner 400,000 62.5p 12/10/1999
260,000 142.5p 10/11/1999
225,000 160p 30/11/1999
400,000 20p 30/04/1999
1,000,000 16.25p 17/12/2003
Mr Philpot 400,000 62.5p 12/10/1999
260,000 142.5p 10/11/1999
225,000 160p 30/11/1999
400,000 20p 30/04/1999
1,000,000 16.25p 17/12/2003
Following this grant and surrender of options Mr Turner and Mr Philpot each have
options over 3,718,412 Shares.
Further to this, certain employee's of the Company have been granted options
over 2,281,378, Shares, and in accordance with the conditions of this grant
have surrendered 4,902,640 Options.
The option awards announced today are subject to performance targets set by the
remuneration committee of the Company. These targets must be met or exceeded
before these options may be exercised.
For further enquiries, please contact
Eckoh Technologies plc Tel: 08701 100 700
Martin Turner, Chief Executive
Nik Philpot, Chief Operating Officer
Buchanan Communications Tel: 020 7466 5000
Mark Edwards/Jeremy Garcia
Evolution Securities Tel: 0207 071 4347
Mike Brennan / Bobbie Hilliam
This information is provided by RNS
The company news service from the London Stock Exchange
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