Grant of Options (8674Q)

TIDMSNS

RNS Number : 8674Q

Silanis International Limited

26 October 2011

Silanis International Limited (the "Company")

The Company announces that on 24 October 2011, pursuant to the terms of the amended and restated 2007 Stock Option Plan of Silanis Technology Inc. ("Silanis"), a total of 420,833 options for exchangeable shares of Silanis ("Exchangeable Shares") have been granted at an exercise price of 19.9 pence each to the following directors of the Company and Silanis:

 
 Non-Executive              Number of       Total number 
  Director            options granted    of Exchangeable 
                                            Shares under 
                                             option held 
------------------  -----------------  ----------------- 
 David Brereton                20,000            205,000 
------------------  -----------------  ----------------- 
 Michael Hunt                  20,000            180,000 
------------------  -----------------  ----------------- 
 Justin LaFayette              20,000            715,000 
------------------  -----------------  ----------------- 
 Vernon Lobo                   20,000            205,000 
------------------  -----------------  ----------------- 
 Jonathan Wener                20,000            205,000 
------------------  -----------------  ----------------- 
 
 
 Executive Director           Number of       Total number 
                        options granted    of Exchangeable 
                                              Shares under 
                                               option held 
--------------------  -----------------  ----------------- 
 Tommy Petrogiannis             175,000            400,000 
--------------------  -----------------  ----------------- 
 Matthew Lane                   145,833            333,333 
--------------------  -----------------  -----------------

As at 24 October 2011, there were 65,307,026 Exchangeable Shares and 4,764,166 options for Exchangeable Shares in issue. Pursuant to an Exchangeable Share and Support Agreement (the "Agreement"), each holder of Exchangeable Shares has the right to exchange its Exchangeable Shares for ordinary shares of the Company on a one-to-one basis, subject to the terms of the Agreement.

Full details regarding the exchangeable share structure can be found in Part II of the Company's AIM Admission Document, which is available on the Company's website www.sil-intl.co.uk.

For further details, please contact:

 
Silanis International Limited 
                                Tel: +1 514 337 5255 
 Tommy Petrogiannis, C.E.O. 
Canaccord Genuity Limited      Tel: +44 (0) 20 7050 
                                6500 
 Mark Williams

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSDKADKCBDKKKB

Silanis (LSE:SNS)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024