Grant of Options

RNS Number : 2957I

Eckoh PLC

09 March 2010

 



9^th March 2010

Eckoh plc

("Eckoh" or "the Company")

Grant of Options

The Company announces that on 5 March 2010 it granted a total of 2,000,000 options under the Eckoh plc Share Option scheme (1999) to certain Directors of the Company, each option having an exercise price of 5.125p per share. The details of the grants are as follows:

Director	Unapproved options
Nik Philpot	1,000,000
Adam Moloney	1,000,000

The exercise of the above options is conditional on the closing price of a share, on any day following the third anniversary of the date of grant, must be greater than the exercise price of the Option by RPI over the three years plus 15%.

Enquiries:

Eckoh plc
Nik Philpot, Chief Executive Officer
Adam Moloney, Group Finance Director
www.eckoh.com	Tel: [phone]
Corfin Communications
Harry Chathli, Claire Norbury	Tel: [phone]
Seymour Pierce
Jonathan Wright	Tel: [phone]

 

END

 

 

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