Provisional Grant of Options

RNS Number : 2095P

Allergy Therapeutics PLC

29 September 2011

 



Allergy Therapeutics PLC - News Announcement - Allergy Therapeutics - Grant of Options

Allergy Therapeutics PLC

29 September 2011

Provisional Grant of Options

Allergy Therapeutics plc ('the Company') announces that, pursuant to the Allergy Therapeutics plc Long Term Share Incentive Plan ('LTIP'), on 7 December 2010 provisional shares of 0.1 pence each in the share capital of the Company were awarded to the following Board of 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	7 December 2010	1,470,000
Ian Postlethwaite	360,000	7 December 2010	960,000

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.

For further information

Allergy Therapeutics                                                           [phone]

Manuel Llobet, Chief Executive

www.allergytherapeutics.com

Nomura Code Securities                                                    [phone]

Juliet Thompson/ Clare Terlouw

 

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