Director/PDMR Shareholding

RNS Number : 9678E

Provexis PLC

02 October 2008

 



2 October 2008

Provexis plc

('Provexis' or the 'Company')

Grant of Options

Provexis plc, the life-science business that discovers, develops and licenses scientifically-proven functional food, medical food and dietary supplement technologies announces that on 1 October 2008, the Company's Remuneration Committee, approved the grant to Steve Morrison, Chief Operating Officer, of options over 12,000,000 ordinary shares of 0.1p each ('Ordinary Shares') exercisable at 0.9p per share, at any time between 3 and 10 years of the date of grant. The options are subject to a number of performance criteria, including share price appreciation and profitability.

In addition to the above Steve Morrison is beneficially interested in 1,540,000 Ordinary Shares representing 0.19 per cent. of the Company's issued share capital. 

ENQUIRIES

Provexis plc                                     Tel: [phone]

Stephen Moon, CEO

Ian Ford, FD

Arbuthnot Securities Limited             Tel: [phone]

Tom Griffiths

Alasdair Younie

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