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Grant of Options

25 Feb 2014 11:38

RNS Number : 8860A
Omega Diagnostics Group PLC
25 February 2014
 



Omega Diagnostics Group PLC

("Omega" or the "Company")

 

Grant of Options

 

Omega (AIM: ODX), the medical diagnostics company focused on allergy, food intolerance and infectious disease, announces that its Remuneration Committee on 25 February 2014 awarded the following director share options:

 

Options granted

25 February 2014

Total options

following grant

Andrew Shepherd

800,000

2,103,480

Kieron Harbinson

640,000

1,408,987

Jag Grewal

610,000

910,000

 

All options are awarded under the Company's EMI Share Option Scheme. The options have a three year vesting period, have been awarded at an exercise price of 30.5p (closing mid-market price on 24 February 2014) and after they are fully vested, there is a performance criteria that they cannot be exercised until the share price is at 50p or higher.

 

 

Contacts:

 

Omega Diagnostics Group PLC

Tel: 01259 763 030

Andrew Shepherd, Chief Executive

www.omegadiagnostics.com

Kieron Harbinson, Group Finance Director

Jag Grewal, Group Sales and Marketing Director

finnCap Ltd

Tel: 020 7220 0500

Geoff Nash/Christopher Raggett (Corporate Finance)

Stephen Norcross/Mia Gardner (Corporate Broking)

Walbrook PR Limited

Tel: 020 7933 8780 or omega@walbrookpr.com

Paul McManus

Mob: 07980 541 893

Lianne Cawthorne

Mob: 07584 391 303

 

 

 

 

 

 

 

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