Grant of Stock Options25 Oct 2017 17:51
On Monday this week Snowhouse asked if anyone knew of the “exercise date for employee stock options”.
I thought I could vaguely remember something last year and indeed RNS Number :7179G dated 9th August 2016 gives some information ie “Correction- Grant of Stock Options to Directors, Employees and Consultants”.
The exercise price per share is GBP 0.0338, representing the closing price of the common shares on 8th August 2016 on AIM, exercisable as follows: one-half after one year; and one half after two years. The stock options issued are capable of being exercised up to 8th August 2021.
Serhan Umurhan was allocated 2,700,000 in stocks options and Geoff Eyre, 2,250,000.
Hope this helps and any comments anyone?