30 Mar 2012 07:02
30 March 2012
Allergy Therapeutics plc
("Allergy Therapeutics" or "the Company")
Grant of Options
Allergy Therapeutics plc (AIM: AGY) announces that, pursuant to the Allergy Therapeutics plc Long Term Share Incentive Plan ('LTIP'), on 30 March 2012 provisional shares of 0.1 pence each in the share capital of the Company were awarded to the following Board Directors, Mr Manuel Llobet (Chief Executive Officer) and Mr Ian Postlethwaite (Finance Director) at nil cost, as follows:
Director | Number of provisional shares awarded | Date of distribution | Total provisional shares held under LTIPs |
Manuel Llobet | 720,000 | 30 March 2012 | 2,190,000 |
Ian Postlethwaite | 360,000 | 30 March 2012 | 1,320,000 |
The distribution of these ordinary shares of 0.1 pence each under the LTIP is conditional on the Company's performance over the course of the next three years.
-Ends-
For further information
Allergy Therapeutics | +44 (0) 1903 845 820 |
Manuel Llobet, Chief Executive Officer | |
Nomura Code Securities | +44 (0) 207 776 1200 |
Juliet Thompson/ Clare Terlouw | |
Allergy Thera. (AGY)