PHC.L Regulatory News (PHC)

30 Apr 2009 12:41



Plant Health Care plc

30 April 2009

For immediate release

PLANT HEALTH CARE plc (THE "COMPANY")

1) VESTING OF SHARES UNDER 2007 LONG TERM INCENTIVE PLAN ("LTIP")

2) GRANT OF AWARDS UNDER 2007 LONG TERM INCENTIVE PLAN

3) TOTAL VOTING RIGHTS

1) On 27 April 2009, the Company approved the allotment of 40,000 Ordinary Shares to John Brady following the vesting of shares awarded under the Company's 2007 Long Term Incentive Plan. The consideration paid for the shares was 1p per share.

2) On 27 March 2009, the Company agreed to grant Ordinary Shares to the following executives under the Company's 2007 Long Term Incentive Plan.

The shares will vest, subject to the satisfaction of certain objective performance conditions between the announcement of the Company's final results for the year ended 2011 and 30 June 2012.

Following the above-mentioned allotment and grant, the beneficial interests of the directors concerned in the Ordinary Share capital of the Company are as shown below:

Application has been made for 40,000 Ordinary Shares (the 'New Shares') to be admitted to trading on AIM and admission is expected to occur on 7 May 2009. The New Shares will rank pari passu with the Company's existing Ordinary Shares.

3) Following admission of the New Shares, the total issued share capital of the Company will be 45,144,974 Ordinary Shares, all of which have voting rights.

The above figure (45,144,974) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Plant Health Care plc under the FSA's Disclosure and Transparency Rules.

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