Coretx Holdings Regulatory News (COR)

19 Apr 2005 14:04

Chorion PLC19 April 2005 Chorion plc (the "Company") Award of Shares to Director's under Long Term Incentive Plan On 19 April 2005, new awards were made to Directors under the Company's LongTerm Incentive Plan as shown below. The vesting of shares under the Plan dependsupon the achievement of performance conditions, over the three-year period to 31December 2007; with the maximum award being achieved if the average annual totalshareholder return of the Company exceeds that of the FTSE All Share Index overthe performance period by at least 15%. Director Position Maximum award of Ordinary Shares of 30p Waheed Alli Chairman 78,630Nicholas James Chief Executive 78,630Sue Murphy Finance Director 54,160Jeremy Banks Commercial 54,160 Director These awards are based on 100% of basic salary and a share price of 306.5 pence,being the closing mid-market share price on 18th April 2005. 19 April 2005 This information is provided by RNS The company news service from the London Stock Exchange