Replacement - Grant of Options

RNS Number : 9294D

Oxford Catalysts Group PLC

03 May 2013

 



3^rd May 2013

The following amendment has been made to the announcement titled 'Grant of Options' released on 2 May 2013 at 16:10 under RNS No. 9114D.

In the original announcement the exercise price of the options granted was stated as 147.5p however this has now been amended to correctly read 1p.

All other details remain unchanged.

The full amended text is shown below.

OXFORD CATALYSTS GROUP PLC

("Oxford Catalysts" or "the Company")

Grant of Options

Oxford Catalysts Group PLC announces the issuance of share options to Andrew Jamieson, Non-executive Director on 1^st May 2013. Under the terms of his contract with the Company, for services provided for the 12 months ended 31 March 2013, he has been granted 3,390 options over ordinary shares of £0.01 each in the Company ("Ordinary Shares") at an exercise price of 1p per share representing in total less than 0.01% of the current issued Ordinary Shares.

Following this grant, Andrew Jamieson holds 25,000 Ordinary Shares (representing approximately 0.02% of the current issued Ordinary Shares) and has options over 20,094 Ordinary Shares (representing approximately 0.02% of the current issued Ordinary Shares).

For further information, please contact:

Oxford Catalysts Roy Lipski, CEO Susan Robertson, CFO	[phone] [phone]
Lionsgate Communications Jonathan Charles / Jessica Johnson	[phone]
Cenkos Securities (Nomad and Joint Broker) Ken Fleming / Neil McDonald	[phone] [phone]
Numis Securities (Joint Broker) Alex Ham	[phone]

Notes to Editors

Oxford Catalysts enables Gas-to-Liquids (GTL) plants to convert unconventional, remote and problem gas into valuable liquid fuels. Systems based on the Group's technology (marketed under the brand name Velocys) are significantly smaller than those using conventional technology, enabling modular plants that can be deployed cost effectively in remote locations and on smaller fields than is possible with competing systems. Together with world-class partners, Oxford Catalysts provides complete smaller scale modular GTL solutions that address an untapped market of up to 25 million barrels of fuel a day.

Oxford Catalysts Group PLC is listed on the AIM market of the London Stock Exchange (LSE: OCG). The Group has some 85 employees with facilities near Oxford, UK and Columbus, Ohio, USA.

www.oxfordcatalysts.com

www.velocys.com

 

END

 

 

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