Crimson Tide Regulatory News (TIDE)

5 Jun 2007 14:06

Crimson Tide PLC05 June 2007 Crimson Tide PlcGrant of Share Options5 June 2007 Crimson Tide Plc announces that on 5 February 2007 it granted options toemployees over 11,000,000 ordinary shares in the Company at an exercise price of1.5p per share. These options have been issued under the Company's EMI ShareOption Scheme. These EMI options are exercisable between the second and tenth anniversaries ofthe date of grant provided that the target share price is achieved, being a bidprice of 2.5p in the preceding 5 business days. Within the grant, Steve Goodwin, Chief Executive and Jeremy Roth, Sales Directorwere granted 5,000,000 and 2,000,000 options respectively. The balance ofoptions were issued to other employees of the Company. The above options are the only options held by Mr Goodwin and Mr Roth. Enquiries: Crimson Tide Plc Tel: 01892 542 444Barrie Whipp, Executive Chairman W.H. Ireland Tel: 0121 616 2101Tim Cofman This information is provided by RNS The company news service from the London Stock Exchange