28 Jul 2014 08:46
Getech Group plc
("Getech" or the "Company")
Issue of Options
Getech confirms today that it has granted options ("New Options") to certain of its directors, as set out below.
Name | Number of Options issued today | Number of Options Previously held
| Total Number of Options now held |
Raymond Wolfson | 200,000 | 82,979 (exercisable at 9.87p each) 200,000 (exercisable at 21.3p each) | 482,979 |
Paul Carey | 200,000 | 200,000 (exercisable at 21.3p each)
| 400,000 |
Paul Markwick | 200,000 | 200,000 (exercisable at 21.3p each)
| 400,000 |
In addition to the above, Raymond Wolfson holds 400,000 ordinary shares representing 1.32% of the issued shares in the Company and Paul Markwick holds 172,553 ordinary shares representing 0.57% of the issued share capital of the Company.
All the New Options are exercisable at any time between 2 and 10 years after the date of grant at an exercise price of 48p. The exercise price is the Getech closing price on 23 July 2014.
For further information, please contact:
Getech Group plc Raymond Wolfson, Chief Executive
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| Tel: 0113 322 2200 |
WH Ireland Limited Katy Mitchell |
| Tel: 0161 832 2174
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Getech Grp (GTC)