Director/PDMR Shareholding (3712W)
January 30 2012 - 2:55AM
UK Regulatory
TIDMSNS
RNS Number : 3712W
Silanis International Limited
30 January 2012
30 January 2012
Silanis International Limited (the "Company")
The Company announces that on 26 January 2012, pursuant to the
terms of the amended and restated 2007 Stock Option Plan of Silanis
Technology Inc. ("Silanis"), a total of 1,000,000 options for
exchangeable shares of Silanis ("Exchangeable Shares") have been
granted at an exercise price of 30.5 pence each to the following
directors of the Company and Silanis:
Executive Director Number of Total number
options granted of Exchangeable
Shares under
option held
-------------------- ----------------- -----------------
Tommy Petrogiannis 550,000 950,000
-------------------- ----------------- -----------------
Matthew Lane 450,000 783,333
-------------------- ----------------- -----------------
As at 26 January 2012, there were 65,307,026 Exchangeable Shares
and 7,089,166 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
Simon Bridges
This information is provided by RNS
The company news service from the London Stock Exchange
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