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©Celoxica 2008. T: +44 (0)1235 863656
7 June 2007
The Company announce that on 6 June 2007 Michelle Young, Chief Financial Officer, was granted 268,000 options to subscribe for ordinary shares of 1p each in the Company (“Shares”) under the Company’s Unapproved (EMI) Share Option Scheme 2002.
The options, which were granted for nil cost, may be exercised at 9.25p per Share as to one third on the first anniversary of grant and then as to a further twelfth on each of the subsequent 3 month periods until the options are fully vested. The options shall expire on the tenth anniversary of grant.
Following this grant, Michelle Young has a resultant interest in 300,000 options.
Investor Relations section last updated 8th July 2008