Grant of Options

RNS Number : 9800G

Oxford Catalysts Group PLC

11 February 2010

 



11^th February 2010

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 in lieu of annual bonus payments for achievement against performance targets that were set by the Remuneration Committee for calendar year 2009.

The awards are as follows:

(i) Susan Robertson, Chief Financial Officer, was granted 79,800 options over ordinary shares of £0.01 each in the Company ("Ordinary Shares"), representing approximately 0.13% of the current issued Ordinary Shares, at an exercise price of 1 pence per share. Following this grant, Susan Robertson holds 183,513  Ordinary Shares (representing approximately 0.3% of the current issued Ordinary Shares) and has options over 526,359 Ordinary Shares (representing approximately 0.86% of the current issued Ordinary Shares); and

(ii) Roy Lipski, Chief Executive Officer, was granted 342,000 options over ordinary shares of £0.01 each in the Company ("Ordinary Shares"), representing approximately 0.56% of the current issued Ordinary Shares, at an exercise price of 1 pence per share. Following this grant, Roy Lipski holds 757,139 Ordinary Shares (representing approximately 1.23% of the current issued Ordinary Shares) and has options over 2,454,425 Ordinary Shares (representing approximately 4.0% of the current issued Ordinary Shares).

- Ends -

For further information, please contact:

Roy Lipski, CEO, Oxford Catalysts	01235 841 700
Jonathan Marren/Oliver Stratton, KBC Peel Hunt (Nomad & Broker)	020 7418 8900
Billy Clegg/Alex Beagley, Financial Dynamics	020 7831 3113

 

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