OMH Osmetech

 

TIDMOMH 
 
RNS Number : 4746A 
Osmetech PLC 
08 October 2009 
 

8 October 2009 
 
 
Osmetech plc ('Osmetech' or the 'Company') 
 
 
Grant of Warrants and Share Options to Directors 
 
 
The Company, as part of the announcement made on 25 June 2009, notified its 
intention to award certain share options and warrants to the board. 
 
 
Accordingly, the Company today announces that on 25 September 2009 the following 
warrants and share options were granted to the following directors. 
 
 
Christopher Gleeson, non-executive chairman of the Company, was granted a total 
of 50,782,817 warrants over ordinary shares of 0.10p in the Company (the 
"Warrants"). Of these, 30,469,226 Warrants are exercisable at a price of 2p and 
20,312,817 Warrants are exercisable at a price of 3p. All Warrants are 
exercisable up until the earlier of certain events and 30 June 2012. 
 
 
Christopher Gleeson and Daryl Faulkner, non-executive director of the Company, 
were each granted 5,768,213 options over ordinary shares of 0.10p in the Company 
at a price of 2.085p (the "Options"). 
 
 
Christopher Gleeson's Options will vest in three annual tranches with effect 
from 1 July 2010 and will expire on 24 September 2019. Daryl Faulkner's Options 
will vest in three annual tranches with effect from 20 January 2010 and will 
expire on 24 September 2019. 
 
 
Following the grants of the Warrants and Options their total interests in the 
share capital of the Company are: 
 
 
+------------------------------------+------------------------------------+ 
| Christopher Gleeson;               |                                    | 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| Ordinary Shares                    |                                  - | 
+------------------------------------+------------------------------------+ 
| Options over Ordinary Shares       |                          5,768,213 | 
+------------------------------------+------------------------------------+ 
| Warrants over Ordinary Shares      |                         50,782,043 | 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
 
 
+------------------------------------+------------------------------------+ 
| Daryl Faulkner:                    |                                    | 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| Ordinary Shares                    |                                  - | 
+------------------------------------+------------------------------------+ 
| Options over Ordinary Shares       |                          5,768,213 | 
+------------------------------------+------------------------------------+ 
 
 
Enquiries: 
 
 
+------------------------------------+------------------------------------+ 
| Osmetech plc                       |               +44 (0) 20 7849 6027 | 
| David Sandilands, Finance Director |                                    | 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| Canaccord Adams Limited            |               +44 (0) 20 7050 6500 | 
| Robert Finlay                      |                                    | 
| Henry Fitzgerald-O'Connor          |                                    | 
+------------------------------------+------------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 RDSUUGUGUUPBGPR 
 

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