Grant of Options

    RNS Number : 7358K
  Clean Diesel Technologies, Inc
  23 December 2008
   

    Clean Diesel Technologies, Inc.
    Grant of Options

    Stamford, CT - December 23, 2008 - Clean Diesel Technologies, Inc. (NASDAQ:CDTI & AIM:CDT & XETRA:CDI) the cleantech emissions reduction
company, announces that the Directors were granted a total of 65,500 options to subscribe for common stock, par value $0.01 per share. The
options are exercisable at a price of $2.705 per share for a period of 10 years. The options granted to outside directors vest immediately.
Vesting of options granted to employee directors is one third on the date of grant and an additional one third on each of the first and
second anniversaries of the date of grant.

    The table below sets out the details relating to each Director in respect of the information set out above:

 Name               Number of options granted  Total number of options held
 John de Havilland                      7,000                        42,000
 Derek Gray                            12,500                        65,000
 John McCloy                            7,000                        72,000
 Dave Merrion                           7,000                        30,000
 Bernhard Steiner                      20,000                       153,000
 Charles Grinnell                      12,000                        64,000


    For further information:

     Clean Diesel Technologies, Inc.
    Ann Ruple, CFO, Vice President & Treasurer
    Tel: [phone]
    E-mail: [e-mail]


    Charles Stanley Securities, Nominated Adviser
    Philip Davies / Jen Boorer
    020 7149 6000
    E-mail [e-mail]

    Notes to Editors
    It is a requirement that dealings in shares by directors of companies trading on the London Stock Exchange's Alternative Investment
Market (AIM) be published. 



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