We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Photonstar Led | LSE:PSL | London | Ordinary Share | GB00B1TK2453 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.045 | 0.044 | 0.046 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPSL
RNS Number : 7860N
Photonstar LED Group PLC
28 October 2016
28 October 2016
PhotonStar LED Group Plc
Grant of Options
PhotonStar LED Group plc (AIM: PSL, "PhotonStar" or "the Company"), the British designer and manufacturer of smart LED lighting solutions, announces that it has awarded a total of 7,850,000 options to acquire ordinary shares of 1 pence each in the Company ("Options") to Directors, employees of the Company and an adviser who provides professional services to the Company. Of the total, Directors were awarded 2,750,000 Options over a three year period in accordance with their standard remuneration packages, on the terms detailed below:
Name Position No. of Date of Exercise Total No. Options Grant Price (pence) of Options now held ---------------- ---------- ---------- --------- --------------- ------------ James McKenzie CEO 1,500,000 27/10/16 1.85 6,359,710 ---------------- ---------- ---------- --------- --------------- ------------ Majd Zoorob CTO 1,250,000 27/10/16 1.85 5,435,456 ---------------- ---------- ---------- --------- --------------- ------------
The total Options granted include 5,011,000 Options granted pursuant to the Company's Enterprise Management Investment Scheme 2007 and 2,839,000 Unapproved Options.
The Options will vest over a three year period in equal instalments on the anniversary of the date of grant. All Options granted are subject to satisfaction of certain performance criteria and targets consistent with individual roles. The Options become exercisable when the performance criteria have been met and expire on the 10th anniversary of the date of the grant.
Following this grant of Options PhotonStar has a total of 24,302,272 outstanding Options, representing 12.9 per cent. of the total issued share capital of the Company.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information:
PhotonStar LED Group Plc (www.photonstarled.com) +44 (0)2381 230381 James McKenzie - Group Chief Executive Northland Capital Partners +44 (0)20 3861 6625 Patrick Claridge/David Hignell/Margarita Mitropoulou (Corporate Finance) John Howes/Rob Rees (Corporate Broking)
About PhotonStar LED Group Plc
PhotonStar LED Group Plc is a leading British designer and manufacturer of intelligent lighting & building control solutions. The Group's proprietary technology Halcyon(TM) is a scalable, secure wireless IoT platform for retrofit into commercial buildings, for energy reduction, asset monitoring & control, and real time environmental, behavioral and energy insights.
PhotonStar is based in Romsey, Hampshire with a manufacturing facility in Wales.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHBUBDGRGDBGLI
(END) Dow Jones Newswires
October 28, 2016 11:09 ET (15:09 GMT)
1 Year Photonstar Led Chart |
1 Month Photonstar Led Chart |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions