Issue of Options
The Company confirms that it has agreed to issue share options to its directors, as follows:
1. 879,521 share options over ordinary shares in the Company (“Share Options”) have been granted to Christophe Chassagnole under the Enterprise Management Initiative Scheme (“EMI”). The options are exercisable at a price of 2.5p each (being the price of the placing carried out by the company on the 21st September this year adjusted for the share consolidation carried out on the 19th December).
2. 1,938,564 share options over ordinary shares in the Company (“Share Options”) have been granted to Jim Millen under the Enterprise Management Initiative Scheme (“EMI”). The options are exercisable at a price of 2.5p each (being the price of the placing carried out by the company on the 21st September this year adjusted for the share consolidation carried out on the 19th December).
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