Business
Grant of Options
Grant of Options.
About this update from Tristel Plc
[{"type":"text","content":"\n Tristel PLC\n23 December 2005\n\nTristel PLC ('Tristel' or the 'Company')\n\n23 December 2005\n\n\nGrant of Options\n\nTristel, the AIM listed provider of infection control products, announces that\nit has granted options to employees over 660,000 ordinary shares of 1p each \n('Shares'), under the Company's EMI Option Scheme. The options have an exercise\nprice of 53.75p and vest 25% from today and then in 3 equal tranches on 23\nDecember over the following three years. The options, once vested, can be\nexercised by 23 December 2015.\n\n\nIn addition Paul Swinney, Chief Executive Officer, has been granted options over\n250,000 Shares under the Unapproved Option Scheme. The options have an exercise\nprice of 59.5p, vesting 25% from today and then in 3 equal tranches on 23\nDecember over the following three years. The options, once vested, must be\nexercised by 23 December 2015. Paul Swinney does not have any other options and\nis currently interested in 2,713,986 Shares, being 11.39% of the Company's\nissued share capital.\n\n\nFor further details please contact:\n\nTeather & Greenwood Limited\nRobert Naylor / Harry Nicholas\nTel: 020 7426 9000\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange ZZFGGKZM \n ","length":1552,"tagName":"div"}]