Surface Transforms PLC
15 September 2005
To be embargoed until 2.00 pm on
15 September, 2005
Surface Transforms plc
('Surface Transforms' or 'the Company')
Issue of Share Options
As part of Surface Transforms' long term incentive plan for management, the
Company announces that it has granted, in aggregate, 504,000 options over
ordinary shares to certain executive directors and senior management of the
Company . Options granted to executive directors are as follows:
Dr Kevin Johnson, Managing Director 180,000 options
Dr Geoff Gould, Sales and Marketing Director 29,000 options
The options have been granted under the Company's Enterprise Management
Incentive Scheme at an exercise price of 40 pence per share, representing a
premium of 45.5 per cent. over the closing middle market price of 27.5 pence on
14 September, 2005, and are exercisable at any time between 15 September, 2008
and 15 September, 2015.
For enquiries:
Surface Transforms plc
Kevin D'Silva Johannah Stretton 07802 306956
01928 735868
John East & Partners Limited
Simon Clements 020 7628 2200
This information is provided by RNS
The company news service from the London Stock Exchange
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