Grant of Options

RNS Number : 5248O

Oxford Catalysts Group PLC

20 September 2011

 



20^th September 2011

OXFORD CATALYSTS GROUP PLC

("Oxford Catalysts" or "the Group")

Grant of Options

Oxford Catalysts Group PLC announces the issuance of share options to Executive Directors as part of the Company's Long Term Incentive Plan. Under this plan, options are awarded based on performance; vesting occurs over a three year period and options expire 10 years following date of grant.

The awards are as follows:

(i) Susan Robertson, Chief Financial Officer, was granted 390,625 options over ordinary shares of £0.01 each in the Company ("Ordinary Shares"), representing approximately 0.4% of the current issued Ordinary Shares, at an exercise price of 1 pence per share. Following this grant, Susan Robertson holds 304,874 Ordinary Shares (representing approximately 0.3% of the current issued Ordinary Shares) and has options over 795,623 Ordinary Shares (representing approximately 0.9% of the current issued Ordinary Shares) and;

(ii) Roy Lipski, Chief Executive Officer, was granted 625,000 options over ordinary shares of £0.01 each in the Company ("Ordinary Shares"), representing approximately 0.7% of the current issued Ordinary Shares, at an exercise price of 58 pence per share. Following this grant, Roy Lipski holds 2,417,098 Ordinary Shares (representing approximately 2.7% of the current issued Ordinary Shares) and has options over 1,467,000 Ordinary Shares (representing approximately 1.6 % of the current issued Ordinary Shares).

- Ends -

For further information, please contact:

Oxford Catalysts Roy Lipski, CEO Susan Robertson, CFO	[phone] [phone]
Cenkos Securities (Nomad and Broker) Ken Fleming / Jon Fitzpatrick	[phone] [phone]
Financial Dynamics Billy Clegg / Alex Beagley	[phone]

 

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