Grant of Options
January 25 2010 - 1:00AM
UK Regulatory
TIDMINN
RNS Number : 0303G
Innovision Research&Technology PLC
25 January 2010
Innovision Research and Technology plc
(the "Company")
Grant of Options
Innovision Research and Technology plc announces that on 20 January 2010 a
sub-committee of the Board approved the grant of options over ordinary shares of
1p each in the Company ("Ordinary Shares") to Mr David Wollen, Chief Executive;
and Mr Brian McKenzie, Finance Director The options are exercisable at
18.50
pence per Ordinary Share with exercise rights starting on 20 January
2013 and continuing until 20 January
2020. Details are as follows:
+--------------+----------+----------+-----------+----------+----------+----------+
| Director | Number | % issued | Total | % issued | Number | % issued |
| | of | ordinary | number | ordinary | of | ordinary |
| | Ordinary | share | of | share | Ordinary | share |
| | Shares | capital | Ordinary | capital | Shares | capital |
| | over | | Shares | | held | |
| | which | | over | | | |
| | options | | which | | | |
| | were | | options | | | |
| | granted | | held | | | |
+--------------+----------+----------+-----------+----------+----------+----------+
| Mr D Wollen | 750,000 | 0.81 | 2,623,770 | 2.86 | 74,933 | 0.08 |
+--------------+----------+----------+-----------+----------+----------+----------+
| Mr B | 250,000 | 0.27 | 750,000 | 0.81 | 41,600 | 0.05 |
| McKenzie | | | | | | |
+--------------+----------+----------+-----------+----------+----------+----------+
For further information please contact:
+-----------------------------------+------------------------------------+
| Innovision Research and | Tel: 01285 888200 |
| Technology plc: | |
+-----------------------------------+------------------------------------+
| David Wollen, Chief Executive | |
+-----------------------------------+------------------------------------+
| Brian McKenzie, Finance Director | |
+-----------------------------------+------------------------------------+
+------------------------------------------+-----------------------------+
| KBC Peel Hunt Ltd (Nominated Adviser & | Tel: 020 7418 8900 |
| Broker) | |
+------------------------------------------+-----------------------------+
| Jonathan Marren | |
+------------------------------------------+-----------------------------+
| David Anderson | |
+------------------------------------------+-----------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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