INN Innovision Res.

    RNS Number : 4542C
  Innovision Research&Technology PLC
  01 September 2008
   
    Innovision Research and Technology plc

    (the "Company")

    Grant of Options


    Innovision Research and Technology plc announces that on 5 August 2008 a sub-committee of the Board approved the grant of options over
ordinary shares of 1p each in the Company ("Ordinary Share") to Mr David Wollen, Chief Executive; and Mr Brian McKenzie, Finance Director 

    All options are exercisable at 11.75 pence per Ordinary Share with exercise rights starting on 5 August 2011 and continuing until 5
August 2018.  Details are as follows:

 Director         Number of Ordinary     % issued ordinary       Total number of     % issued ordinary    Number of Ordinary     % issued
ordinary
                   Shares over which         share capital  Ordinary Shares over         share capital           Shares held         share
capital
                options were granted                          which options held
 Mr D Wollen               1,000,000                  1.63             1,873,770                  3.04                33,333                
 0.05
 Mr B McKenzie               500,000                  0.81               500,000                  0.81                     -                
    -


    For further information please contact:

 Innovision Research and Technology plc:  Tel: 01285 888200
 David Wollen, Chief Executive
 Brian McKenzie, Finance Director


 KBC Peel Hunt Ltd (Nominated Adviser and Broker)  Tel: 020 7418 8900
 David Anderson
 Oliver Scott


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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