Last checked at 25 Sep 2008 07:00
25 September 2008 Surface Transforms plc ("Surface Transforms" or the "Company") Further re: Issue and Surrender of share options
Further to the announcement made on 22 September 2008, the Company announces that the 502,926 options granted will have an exercise price of 18.5p being the average of the closing mid-market prices for the three day period ended 24 September 2008.
Following the issue and surrender of the options, the Company will have the following options in issue:
Directors Number of Exercise Exercise Period* Options Price K Johnson 100,000 21p 30 March 2010 to 29 March 2017 288,000 18.25p 30 June 2011 to 30 June 2018 481,707 18.5p 24 September 2011 and 24 September 2018 G Gould 50,000 21p 30 March 2010 to 29 March 2017 86,000 18.25p 30 June 2011 to 30 June 2018 21,219 18.5p 24 September 2011 and 24 September 2018 K D'Silva 50,000 21p 30 March 2010 to 29 March 2017 D Clark 15,000 21p 30 March 2010 to 29 March 2017 K Baker 15,000 21p 30 March 2010 to 29 March 2017 J Faria 64,286 70p 19 December 2005 to 19 December 2012 Others 989,768 Various Various Total 2,160,980 ENQUIRIES:Surface Transforms plc Geoff Hall Tel: 0151 356 2141Kevin Johnson John East & Partners Limited Simon Clements Tel: 020 7628 2200 Hansard Group (PR) Tel: 020 7245 1100John Bick/Chris Roberts Redmayne Bentley (Private Client Broker) Lucy Clapham/Simon Flather Tel: 01943 886600
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