PTXU Protonex

 

TIDMPTX TIDMPTXU 
 
RNS Number : 9587F 
Protonex Technology Corporation 
22 January 2010 
 

22 January 2010 
 
 
Protonex Technology Corporation ('the Company') 
 
 
 
Grant of Options 
 
 
 
 
The Board of the Company announces that on 21 January 2010 it has approved a 
grant of options over common shares of the Company pursuant to the Company's 
2003 Stock Incentive Plan to the following directors: 
 
 
Harry Fitzgibbons, Non-Executive Chairman 100,000 
Charles Holland, Non-Executive Director       100,000 
 
 
 
 
The options are exercisable at $0.61 (approximately 37.5p) and are exercisable 
for a period of 10 years. The options are not currently vested and will vest 
monthly over the next two 
years. 
 
 
Following the above option grants, in aggregate, Harry Fitzgibbons now holds 
options over 
168,800 common shares of the Company and Charles Holland now 
holds options over 256,000 
common shares of the Company. 
 
 
 
For further information: 
 
 
Enquiries 
 
 
Protonex Technology Corporation   +1 508 490 9960 
Scott Pearson, Chief Executive Officer 
John Connolly, Chief Financial Officer 
 
 
Redleaf Communications Limited+44 (0)20 7566 6700 
Press and Investor Relationsprotonex@redleafpr.com 
Samantha Robbins 
Paul Dulieu 
Michael Ward 
 
 
Piper Jaffray Ltd.      +44 (0)20 3142 8700 
Nominated Adviser 
Michael Covington 
Rupert Winckler 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 RDSLLFLALTILFII 
 

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