RNS Number : 5028Y
Amino Technologies PLC
01 March 2012
 



Amino Technologies PLC

 

Grant of Options

 

Amino Technologies plc ("Amino" or the "Company"; stock code: AMO), the Cambridge-based leader in digital entertainment solutions for in-home multimedia distribution, announces that on 29 February 2012, pursuant to the Company's long term incentive plan, it awarded options to acquire ordinary shares of 1 pence each in the Company ("Options") to the following Directors of the Amino on the terms detailed below:

 

Name

Position

No. of Options

Date of Grant

Exercise Price

Total No. of Options now held

Donald McGarva

CEO

500,000

29 February 2012

48p

1,000,000

Julia Hornby

CFO

250,000

29 February 2012

48p

500,000

 

The Options awarded are subject to certain performance criteria based upon the share price performance and the earnings generated by the Company. The Options vest when the performance criteria have been met and expire on the fifth anniversary of the date of the grant.

 

The exercise price is based on 2% uplift in the VWAP share price for the period 13th February to 29th February.

 

Following this grant of Options Amino now has a total of 3,976,311 outstanding Options.

 

 

Amino Technologies:

+44 (0)1954 234100

Keith Todd, Non Executive Chairman

www.aminocom.com

 

 

 

 

 

 

FTI Consulting:

+44 (0)20 7831 3113

Clare Thomas / James Melville-Ross / Matt Dixon

 

 

 

finnCap Limited

+44 (0)20 7600 1658

Marc Young / Charlotte Stranner - Corporate Finance

 

Stephen Norcross / Victoria Bates - Corporate Broking

 

 


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