10 Jan 2013 15:15
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
10 January 2013 |
Mytrah Energy Limited ("Mytrah Energy" or the "Company")
Grant of Options
Mytrah Energy, the India-based independent power producer, announces that it has granted the following share options to the Company's Non-Executive Directors:
Director | Exercise price (pence) | Number of Options | Date granted | Exercisable until |
Rohit Phansalkar | 95 | 21,300 | 10/01/2013 | 09/01/2023 |
Russell Walls | 95 | 21,300 | 10/01/2013 | 09/01/2023 |
The options will vest in equal tranches over three years and are exercisable on vesting.
Following the grant of the options, the interests of the Non-Executive Directors in the share capital of the Company are as follows:
Director | Total number of Options held over Ordinary Shares | Number of Ordinary Shares held |
Rohit Phansalkar | 60,000 | - |
Russell Walls | 60,000 | 30,000 |
For further information please visit www.mytrah.com or contact:
Mytrah Energy Limited
Ravi Kailas, Chairman and CEO +91 40 3376 0102
Strand Hanson Limited
James Harris / Richard Tulloch / Angela Hallett +44 (0)20 7409 3494
Investec Bank plc
Chris Sim / Jeremy Ellis +44 (0)20 7597 5970
Mirabaud Securities LLP
Peter Krens / Rory Scott +44 (0)20 7878 3360
St Brides Media & Finance Limited
Elisabeth Cowell / Frank Buhagiar +44 (0)20 7236 1177
Mytrah Energy (MYT)