19 Mar 2014 12:25
ViaLogy PLC ("ViaLogy" or "the Company")
Grant of options
The remuneration committee of ViaLogy PLC confirm the grant of options as detailed in the circular to shareholders dated 7 January 2014 ("the Circular") as follows:
Director | Options |
Adam Reynolds | 59,166,666 |
Nick Mustoe | 59,166,666 |
Mark Collingbourne | 59,166,666 |
Sandeep Gulati | 38,503,632 |
Robert Dean | 23,996,368 |
These options have been granted under the New Share Scheme (as defined in the Circular) and are exercisable at a price of 0.01p per share but will only vest if the Company's share price reaches or exceeds 0.5p for a continuous period of 30 days at any time during the period of five years from 28 January 2014.
For further information:
ViaLogy PLC
Mark Collingbourne
mark.collingbourne@vialogy.com
Nominated Advisor to ViaLogy PLC (Cantor Fitzgerald Europe)
Mark Percy / Catherine Leftley - Corporate Finance +44 (0) 207 894 7000