Business
Issue of Options
Issue of Options.
About this update from Tekmar Group Plc
[{"type":"text","content":"\n TG21 Plc\n12 April 2006\n\n\nImmediate Release: Wednesday 12 April 2006\n\n\n TG21 plc\n ('TG21' or 'the Group' or 'the Company')\n\n Issue of share options to directors\n\nThe Board of TG21 announces that the Company has today issued 500,000 share\noptions over 10p ordinary shares in the Company to each of Nick Grimond, Wilson\nJennings and Peter Ward. These have been issued under the TG21 plc Enterprise\nManagement Incentive Plan. These share options are exercisable subject to the\nachievement of profit targets for the Group and must be exercised within ten\nyears from the date of grant. In addition, 75,000 share options over 10p\nordinary shares have been issued to David Voss under a non-executive director\nshare option scheme and these options must be exercised between three and ten\nyears of the date of grant. All of the options are exercisable at 12.5p per\nshare.\n\n -Ends-\n\nFor enquiries please contact:\n\nPeter Ward\nChairman, TG21 plc\nWilson Jennings\nFinance Director, TG21 plc\nTel: 020 8710 4000\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1293,"tagName":"div"}]