Business
Grant of Options - Replacement
Grant of Options - Replacement.
About this update from Corero Network Security Plc
[{"type":"text","content":"\n \nRNS Number : 3381L Corero Network Security PLC 08 January 2016 \n\nThe 'Grant of Options' announcement released this morning 8 January 2016 at 0700hrs under RNS No 2138L was published without the table of information which is now included in the supplementary announcement.\n \nAll other details remain unchanged.\n \n \n8 January 2016\nCorero Network Security plc\n(\"Corero\", the \"Company\")\n \nGrant of Options\n \nCorero Network Security plc (AIM: CNS), the AIM listed network security company, announces that on 7 January 2016, options were granted over new ordinary shares to the Directors of the Company (\"Options\" and \"Ordinary Shares\") as set out below. \n \n \n\n\n\n\n\n\n\n\n\n\nOptions granted\n\n\nRelevant Option scheme\n\n\nSubsequent number of Options held\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAshley Stephenson\n\n\nChief Executive Officer\n\n\n700,000\n\n\nUnapproved\n\n\n3,200,000\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAndrew Miller\n\n\nChief Financial Officer\n\n\n500,000\n\n\nUnapproved\n\n\n2,496,000\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJens Montanana\n\n\nNon-Executive Director and Chairman\n\n\n150,000\n\n\nUnapproved\n\n\n425,000\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRichard Last\n\n\nNon-executive Director\n\n\n100,000\n\n\nUnapproved\n\n\n180,000\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAndrew Lloyd\n\n\nNon-executive Director\n\n\n100,000\n\n\nUnapproved\n\n\n200,000\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\"Unapproved\" = Corero Unapproved Share Option Plan\n\n\n\n\n\n\n\n\n\n\n \n \n \nThe Options carry an exercise price of 20.0 pence per share and vest in equal proportions on the first, second and third anniversaries of being granted. Any Ordinary Shares issued pursuant to the exercise of the Options may not be sold or otherwise transferred until the second anniversary of the date of being granted. There are no performance conditions associated to the vesting or exercise of the Options.\n \n \nEnquiries:\n \n\n\n\n\nCorero Network Security plc\n\n\n\n\n\n\n\nAndrew Miller, Chief Financial Offcier \n\n\nTel: 01895 876382\n\n\n\n\n\n\n\n\n\n\n\n\nFinnCap\n\n\n\n\n\n\n\nStuart Andrews/Carl Holmes (corporate finance)\n\n\nTel: 020 7220 0500\n\n\n\n\nStephen Norcross (corporate broking)\n\n\n\n\n\n\n\n\n\n...