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Last checked at 
24 Aug 2012 14:27
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Tracsis plc
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("Tracsis" or the "Company")
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Grant of options
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Tracsis confirms that it was agreed today that 10,162 EMI share options would be issued to Max Cawthra, the Group's Finance Director following a Remuneration Committee meeting on 2 August 2012.
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The options were granted under the Company's new Long Term Incentive Scheme Scheme which is available to all members of staff, and offers a choice of foregoing cash bonus for discounted share options.
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The options vest in annual intervals over a period of three years, and have an exercise price of 0.4p. Once vested, they are exercisable at any time for a period of 10 years from the date of grant.
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For more information please contact:
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John McArthur, Tracsis plc Β | Tel: 0845 125 9162 |
Katy Mitchell, WH Ireland Limited | Tel: 0161 832 2174 |
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