Tristel PLC
23 December 2005
Tristel PLC ('Tristel' or the 'Company')
23 December 2005
Grant of Options
Tristel, the AIM listed provider of infection control products, announces that
it has granted options to employees over 660,000 ordinary shares of 1p each
('Shares'), under the Company's EMI Option Scheme. The options have an exercise
price of 53.75p and vest 25% from today and then in 3 equal tranches on 23
December over the following three years. The options, once vested, can be
exercised by 23 December 2015.
In addition Paul Swinney, Chief Executive Officer, has been granted options over
250,000 Shares under the Unapproved Option Scheme. The options have an exercise
price of 59.5p, vesting 25% from today and then in 3 equal tranches on 23
December over the following three years. The options, once vested, must be
exercised by 23 December 2015. Paul Swinney does not have any other options and
is currently interested in 2,713,986 Shares, being 11.39% of the Company's
issued share capital.
For further details please contact:
Teather & Greenwood Limited
Robert Naylor / Harry Nicholas
Tel: 020 7426 9000
This information is provided by RNS
The company news service from the London Stock Exchange ZZFGGKZM
Grant of Options
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