Business
Director's Share Purchase & G
Director's Share Purchase & G.
About this update from Itm Power Plc
[{"type":"text","content":"\n RNS Number : 4568G ITM Power PLC 01 February 2010 \n \n\n1 February 2010\n \nITM Power Plc\n(\"ITM\" or \"the Company\")\nDirector's Purchase and Grant of Options\nDr Graham Cooley, Chief Executive Officer of ITM, the energy storage and clean fuel company, acquired, on 1 February 2010, 104,156 Ordinary Shares in ITM at a price of 19.65p per share. Following this purchase, Dr. Cooley has an interest in 104,156 Ordinary Shares, representing 0.1% of the Company's issued share capital in addition to the options set out below.\n \nSeparately, the Board of ITM is pleased to announce the grant of options to executive directors as follows:\n \nOption Grant 1 February 2010\n \n\n\n\n\n\n\n\nEMI Options\n\n\nUnapproved Options\n\n\n\n\n\n\n\nNo.\n\n\nExercise Price (pence)\n\n\nVesting\n\n\nExercise\n\n\nNo.\n\n\nExercise\nPrice\n(pence)\n\n\nVesting\n\n\nExercise\n\n\n\n\nCooley, Graham\n\n\n 640,000 \n\n\n18.75\n\n\n1st/2nd/3rd anniversary\n\n\nup to 10 years\nfrom grant \n\n\n360,000 \n\n\n18.75\n\n\n1st/2nd/3rd anniversary\n\n\nup to 10 years from grant \n\n\n\n\nBourne, Simon\n\n\n 200,000 \n\n\n18.75\n\n\n1st/2nd/3rd anniversary\n\n\nup to 10 years\nfrom grant \n\n\n -\n\n\n-\n\n\n-\n\n\n-\n\n\n\n\n \nExisting Options\n \n\n\n\n\n\n\n\nEMI Options\n\n\nUnapproved Options\n\n\n\n\n\n\n\nNo.\n\n\nExercise Price (pence)\n\n\nVesting\n\n\nExercise\n\n\nNo.\n\n\nExercise\nPrice\n(pence)\n\n\nVesting\n\n\nExercise\n\n\n\n\nCooley, Graham\n\n\n -\n\n\n-\n\n\n-\n\n\n-\n\n\n 200,000 \n\n\n18.25\n\n\n1st/2nd/3rd anniversary \n\n\nup to 10 years\nfrom grant \n\n\n\n\nBourne, Simon\n\n\n 334,250 \n\n\n5.7\n\n\n1st/2nd/3rd anniversary \n\n\nup to 10 years\nfrom grant \n\n\n-\n\n\n-\n\n\n-\n\n\n-\n\n\n\n\n \nTOTAL\n \n\n\n\n\n\n\n\nEMI Options\n\n\nUnapproved Options\n\n\nTOTAL\n\n\n\n\n\n\n\nNo.\n\n\nNo.\n\n\nNo.\n\n\n\n\nCooley, Graham\n\n\n 640,000 \n\n\n560,000 \n\n\n1,200,000 \n\n\n\n\nBourne, Simon\n\n\n534,250 \n\n\n- \n\n\n534,250 \n\n\n\n\n \nDr. Simon Bourne currently has an interest in 23,451 ordinary shares, in addition to the options set out above...