Flomerics Group PLC
04 May 2007
Flomerics Group PLC
Grant of Options
Flomerics Group PLC ("the Company") announces that it has granted options for
nil consideration to Dr Gary Carter, Chief Executive Officer, under the
Flomerics Group Executive Share Option Plan 2006, further details of which are
as follows:
Number of options awarded over ordinary shares of 1 p each 100,000
Grant date 3 May 2007
Exercise price (based on closing share price as at 2 May 2007) 86 pence
Exercise period Between 3 years
and 10 years
from the grant
date
These options are subject to a performance condition based on the average
adjusted Profit Before Tax of the Group over three financial years commencing
with the financial year in which the options are granted.
Following this award, Dr Carter holds options over 300,000 ordinary shares of 1p
each in the Company.
For further information please contact:
Flomerics Group PLC 020 8487 3000
Chris Ogle (Finance Director)
Oriel Securities Limited 020 7710 7600
Andrew Edwards
This information is provided by RNS
The company news service from the London Stock Exchange
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