Grant of Share Options

3 Dec 2007 16:39

Pressure Technologies PLC03 December 2007 Pressure Technologies plc (the "Company") Announcement Grant of Share Options Pressure Technologies plc announces that on 30 November 2007 options weregranted over 59,197 ordinary shares in the Company under the terms of thePressure Technologies SAYE Sharesave Scheme (the "Scheme") at an exercise priceof 176p. Exercise of the options is subject to the conditions set out in theRules of the Scheme. Under the grant of options on 30 November 2007, the Company's Directors weregranted options as follows: Director Number of option shares % of current issued share capital---------- ------------------------- -----------------------------------R.L.Shacklady 5,454 0.05%J.T.S.Hayward 2,181 0.02%N.F.Luckett 5,454 0.05% Due to the implementation timetable required for the Scheme and to comply withthe rules relating to close periods, the Company now intends to make itspreliminary announcement of results for the year ended 30 September 2007 on 30January 2008 (rather than on 18 January as previously announced). Enquiries: Pressure Technologies plc John Hayward - Chief Executive 0114 - 242 - 7506 Brewin Dolphin Investment Banking Neil Baldwin - Director 0113 - 241 - 0130 This information is provided by RNS The company news service from the London Stock Exchange