Business
Directors and Employees Grant of Options
Directors and Employees Grant of Options.
About this update from Plexus Holdings
[{"type":"text","content":"\n \nRNS Number : 7549D Plexus Holdings Plc 28 March 2011 \n \n\nPlexus Holdings PLC/Index: AIM/Epic: POS / Sector: Oil equipment & services\n28 March 2011\nPlexus Holdings plc ('Plexus' or 'the Group')\nDirectors and Employees Grant of Options\n \nPlexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces that on 25 March 2011 it granted an award of share options under the 2005 Share Option Scheme ('the Scheme') to each of the following Directors to acquire ordinary shares of 1p each in the Company ('Shares') at a strike price of 60p per share up to the maximum number detailed below:\n \n\n\n\n\nName of Director\n\n\nMaximum number of Shares subject to the award\n\n\nMaximum total number of Shares over which options/awards held under the 2005 Share Option Scheme following notification(including this award)\n\n\n\n\nBen van Bilderbeek\n\n\n169,642\n\n\n955,959\n\n\n\n\nGraham Stevens\n\n\n101,042\n\n\n616,421 \n\n\n\n\nCraig Hendrie \n\n\n105,853 \n\n\n621,232\n\n\n\n\n \nIn addition, on the same date the Company granted awards of share options under the Scheme to employees of the Group to acquire a maximum total number of 1,172,542 Shares at the same strike price of 60p per share.\n \nThe exercise of all of the above options is subject to timing and performance criteria set out in the Scheme.\n \n**ENDS**\n \nFor further information please visit www.posgrip.com or contact:\n \n\n\n\n\nBen van Bilderbeek\n\n\nPlexus Holdings PLC\n\n\nTel: +44 (0) 20 7795 6890\n\n\n\n\nGraham Stevens\n\n\nPlexus Holdings PLC\n\n\nTel: +44 (0) 20 7795 6890\n\n\n\n\nJon Fitzpatrick\n\n\nCenkos Securities PLC\n\n\nTel: +44 (0) 20 7397 8900\n\n\n\n\nKen Fleming\n\n\nCenkos Securities PLC\n\n\nTel: +44 (0) 131 220 6939\n\n\n\n\nFelicity Edwards\n\n\nSt Brides Media & Finance Ltd\n\n\nTel: +44 (0) 20 7236 1177\n\n\n\n\n \nNotes to Editors:\n \nPlexus, which began trading on AIM in December 2005, is an established oil and gas engineering and services business which supplies wellhead and mudline suspension equipment for exploration and production applications based in Aberdeen, with an office in Londo...