Grant of Options and Director Dealing

RNS Number : 8025M

Verditek PLC

02 May 2018

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Verditek plc

("Verditek" or the "Company")

Grant of Options and Director Dealing

Verditek plc, (AIM: VDTK), the clean technology company, announces that share options over 1,500,000 ordinary shares of 0.04 pence each in the Company ("Share Options") were granted on 30th April 2018 ("Grant Date") to The Rt Hon Lord David Willetts, Non-Executive Chairman of the Company, under the terms of the Company's EMI and Non-Qualifying Share Option Plan (the "Option Plan"). The Share Options have an exercise price of 9 pence per share and vest in three equal tranches on each anniversary of the Grant Date during the first three years, so long as Lord Willetts remains a director over each period. The grant represents approximately 0.74 per cent. of the current issued share capital of the Company.

Enquiries:

Verditek plc

Geoffrey Nesbitt (Interim CEO)                                               [e-mail]

Whiteoaks Consultancy 

Mary Fitzgerald                                                                       [phone]

Bekki Bushnell                                                                        [phone]

[e-mail] 

Stockdale Securities Limited (NOMAD and Broker)

Andy Crossley/Antonio Bossi/David Coaten                          [phone]

www.stockdalesecurities.com 

Strand Hanson Limited (Financial Adviser)

James Harris/Ritchie Balmer/Jack Botros                              [phone]

www.strandhanson.co.uk

About Verditek

Verditek plc (AIM: VDTK), the clean technology company, is headquartered in London. Verditek is dedicated to commercialising proven technology that can deliver significant competitive advantage compared to conventional industrial solutions. From light-weight solar modules, cutting edge de-odourisation, and ground-breaking CO₂ capture, Verditek is realising tomorrow's technologies today.

For further information, please visit verditek.plc.uk  

 

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