16 Jun 2011 14:53
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CML Microsystems Plc
(the "Company")
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Grant of Options to Directors
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The Company announces that on 15 June 2011 it granted options over a total of 432,313 Ordinary Shares of 5 pence each in the Company at a price of Β£2.20 per share. The options were granted under the CML Microsystems Plc share option schemes and are applicable to the Company's global employee base.
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A total of 40,000 Ordinary Shares of 5p each were granted to the Directors as follows:
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Director | No. of options granted on 15 June 2011 | Details | No. of options held subsequent to the grant | No. of shares in Company in which Director has voting rights (%ISC) Β |
Chris Gurry | 20,000 | at 220 pence, being the average closing mid-price for the previous three days before grant. Β | 20,000 | 833,404 (5.31%) |
Nigel Clark | 20,000 | at 220 pence, being the average closing mid-price for the previous three days before grant Β | 167,162 | 230,599 (1.47%) |
All the new options granted are exercisable for a period of 10 years from 15 June 2014 until 15 June 2021.
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