Bioquell Regulatory News (BQE)

28 May 2008 16:41



TO: CITY EDITORS 

FOR IMMEDIATE RELEASE

28 May 2008

BIOQUELL PLC

GRANT OF OPTIONS TO DIRECTORS

On 27 May 2008 the Board of BIOQUELL PLC ("the Company") announced the award of options over the 10p Ordinary Shares of the Company to the Executive Directors. Mr Nicholas Adams has been awarded 143,000 options, and Mr Mark Bodeker 126,000 options both at an exercise price of 174.5p. The options will vest upon the achievement of performance criteria, namely the growth of pre-tax earnings per share by RPI + 7.5% compounded over three years. These awards bring the total option holdings to 673,000 options held by Mr Adams and 706,000 options held by Mr Bodeker. 

- Ends -

Enquiries:

Mark Bodeker BIOQUELL PLC 01264 835 900