25 May 2012 14:30
The 'Grant of Options' announcement for ProPhotonix Limited released on 24/05/2012 at 5:02pm under RNS No 0756E has been re-released to facilitate onward transmission by third party vendors.
The announcement is unchanged and is reproduced in full below.
24 May 2012
ProPhotonix Limited
("ProPhotonix" or the "Company")
Grant of Options
ProPhotonix Limited, (London Stock Exchange - AIM: PPIX and PPIR, OTC: STKR.PK) announces that on 16 May 2012, under the 2007 Stock Incentive Plan, the following share options were granted over Common Shares to non executive directors in line with their service contracts.
Name | No of Options | Exercise Price |
R Oglethorpe | 250,000 | $0.0924 |
T Steel | 250,000 | $0.0924 |
D Klenner | 250,000 | $0.0924 |
V Thompson | 250,000 | $0.0924 |
These options have an expiry date of 16 May 2022 and vest over a 4 year period at 25 per cent per annum.
Enquiries:
ProPhotonix Limited Mark W. Blodgett, Chairman and CEO | Tel: +44 (0)12 7971 7170 |
N+1 Brewin (NOMAD and Joint Broker) Andrew Craig / Ben Wright | Tel: +44 (0) 203 201 3710 |
XCAP Securities plc (Joint Broker) Jon Belliss | Tel: +44 (0) 207 101 7070 |
Cubitt Consulting Nicholas Nelson / Madeline Douglas | Tel: +44 (0) 20 7367 510 0 |
About ProPhotonix
ProPhotonix Limited, headquartered in Salem, New Hampshire, is an independent designer and manufacturer of diode-based laser modules and LED systems for industry leading OEMs and medical equipment companies. In addition, the Company distributes premium diodes for Opnext, Sanyo & Sony. The Company serves a wide range of markets including the machine vision, industrial inspection, defense, sensors, and medical markets. ProPhotonix has offices and subsidiaries in the U.S., Ireland, and Europe. For more information about ProPhotonix and its innovative products, visit the Company's web site at www.prophotonix.com .