Getech Grp Regulatory News (GTC)

17 Aug 2006 12:44

GETECH Group plc17 August 2006 GETECH GROUP PLC ("GETECH" or "the Company") 17 August 2006 Exercise of Options GETECH Group Plc (GTC:AIM), the oil services business specialising in theprovision of exploration data and petroleum systems evaluations, announces thatan employee has exercised options over Dr Derek Fairhead's shares. As detailedin the Getech admission document, dated 22 September 2005, on 26 August 2005, DrDerek Fairhead entered into call options, to incentivise key employees, for thetransfer of 472,340 ordinary shares from his personal holding. On 16 August 2006, Dr Derek Fairhead received an exercise notice from anemployee regarding 21,277 ordinary shares, exercisable at 9.87 pence per share. Further to this exercise Dr Derek Fairhead is interested in 8,800,936 ordinaryshares being 31.78 per cent of the Companies issued share capital. For further information: GETECH Group Plcwww.getech.comProf Derek Fairhead (Managing Director) 0113 343 5240Ian Somerton (Marketing Director) 0113 343 5240Colin Glass (Finance Director) 07831 258494 Teather & Greenwood 020 7426 9000Robert NaylorHarry Nicholas This information is provided by RNS The company news service from the London Stock Exchange