Grant of Options

RNS Number : 3721M

Amino Technologies PLC

15 July 2014

 



AMINO TECHNOLOGIES PLC

Grant of Options

Amino Technologies plc ("Amino" or the "Company") (LSE: AMO), the Cambridge-based leader in digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, announces that on 15 July 2014, pursuant to the Company's long term incentive plan, it awarded options to acquire ordinary shares of 1 penny each in the Company ("Options") to the following Directors on the terms detailed below:

Name	Position	No. of Options granted	Exercise Price	Total No. of Options now held
Donald McGarva	CEO	300,000	93.5p	1,580,000
Julia Hubbard	CFO	150,000	93.5p	775,000

The Options awarded are subject to certain performance criteria based upon the share price performance and the earnings generated by the Company.  The Options vest when the performance criteria have been met and expire on the fifth anniversary of the date of the grant.

For further information please contact:

Amino Technologies plc	[phone]
Keith Todd CBE, Chairman Donald McGarva, Chief Executive Officer	www.aminocom.com
FTI Consulting LLP	[phone]
Matt Dixon / Chris Lane/ Lucy Delany
finnCap Limited	[phone]
Charlotte Stranner/ Simon Hicks - Corporate Finance
Victoria Bates - Corporate Broking

About Amino Technologies plc

Amino Technologies plc specialises in the development and delivery of IPTV and hybrid/OTT solutions. With over three million devices sold to 850 customers in 85 countries, Amino's award-winning solutions are deployed by major network operators and service providers worldwide. Amino Technologies plc is listed on the London Stock Exchange Alternative Investment Market (AIM: symbol AMO). It is headquartered near Cambridge, in the UK, with offices in the US, China and Sweden. For more information, please visit www.aminocom.com

 

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