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Director Option Award

10 Sep 2015 15:19

RNS Number : 7302Y
Hardide PLC
10 September 2015
 



10 September 2015

 

 

Hardide plc

("Hardide" or "the Group" or "the Company")

 

Director Option Award

 

Hardide plc (AIM: HDD), the provider of advanced surface coating technology, announces the award of 3 million share options ("Options") to Dr Yuri Nikolaevich Zhuk, Technical Director of the Company, at an exercise price of 1.08 pence per ordinary share of 0.1 pence each in the capital of the Company ("Ordinary Share") being the closing price of an Ordinary Share on 9 September 2015.

 

The Options are exercisable for a maximum period of ten years from the granting of the Options and only vest if the Company's share price reaches 3 pence or above per Ordinary Share as at the close of business on any one day within four years of the date of grant.

 

 

For further information:

 

 Hardide plc

 Philip Kirkham, CEO

 Jackie Robinson, Communications Manager

Tel: +44 (0) 1869 353 830

www.hardide.com

 

 finnCap

 Stuart Andrews / Grant Bergman

 

 

Tel: +44 (0)20 7220 0500

www.finncap.com

 

 KTZ Communications

 Katie Tzouliadis

 

 

Tel: +44 (0)20 3178 6378

www.ktz.co.uk

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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