Business
Issue of Share Options
Issue of Share Options.
About this update from H-power Plc
[{"type":"text","content":"\n RNS Number : 5318I AFC Energy Plc 12 March 2010 \n \n\nAFC Energy plc \n \n(\"AFC Energy\" or the \"Company\")\n \nIssue of Share Options\n \n \nAFC Energy is pleased to announce that is has granted options over 1,600,000 ordinary shares in the Company to help incentivise new employees that have joined the Company over the last 12 months.\n \nThe options have been granted under the rules of the AFC Energy Plc Enterprise Management Incentive Share Option Scheme. \n \nThe options are exercisable at a price of 17.5 pence per ordinary share, being the closing price on 11 March 2010 and are exercisable between 3 and 10 years following the date of issue. \n \nFollowing the issue of these options there will be 8,660,000 options and 4,750,000 warrants in issue, representing 8.2% of the fully diluted share capital of the Company. \n \nFor further information please visit www.afcenergy.com or contact:\n \n \n\n\n\n\nAFC Energy plc\nTim Yeo, Chairman\nIan Balchin, Managing Director\nDavid Marson, Finance Director\n \n\n\n01483 276726\n\n\n\n\nAstaire Securities\nShane Gallwey\n \n \nAllenby Capital \nImran Ahmad\n \n\n\n020 7448 4400\n \n020 3328 5656\n \n\n\n\n\nMadano Partnership\nMatthew Moth\nMichael Evans\n\n\n020 7593 4000\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCBUGDXDXBBGGD \n ","length":4149,"tagName":"div"}]