Synairgen plc ('Synairgen' or the 'Company')
Director Shareholdings
On 1 August 2008 Richard Marsden, Managing Director of Synairgen, was granted options over 165,000 ordinary shares of 1 pence each ('Ordinary Shares') in the Company under the Company's Long-Term Incentive Plan (the 'LTIP') at an exercise price of 1 pence per share.
Mr Marsden's holding in options over Ordinary Shares has therefore increased to 1,109,288 representing approximately 5.11 per cent. of the issued ordinary share capital of the Company.
On 1 August 2008 John Ward, Finance Director of Synairgen, was granted options over 150,000 Ordinary Shares in the Company under the Company's LTIP at an exercise price of 1 pence per share.
Mr Ward's holding in options over Ordinary Shares has therefore increased to 781,723, representing approximately 3.60 per cent. of the issued ordinary share capital of the Company.