Flomerics Group
PLC - Grant of Options |
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Flomerics Group PLC ("the Company") announces that it has granted options for
nil consideration to Dr Gary Carter, Chief Executive Officer, under the
Flomerics Group Executive Share Option Plan 2006, further details of which are
as follows:
| Number of options awarded over ordinary shares of 1 p each |
100,000 |
| Grant date |
3 May 2007 |
| Exercise price (based on closing share price as at 2 May 2007) |
86 pence |
| Exercise period |
Between 3 years and 10 years from the grant date |
These options are subject to a performance condition based on the average
adjusted Profit Before Tax of the Group over three financial years commencing
with the financial year in which the options are granted.
Following this award, Dr Carter holds options over 300,000 ordinary shares of 1p
each in the Company.
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