Grant of Options

 

TIDMCRK 
 
RNS Number : 7249P 
Clerkenwell Ventures PLC 
30 March 2009 
 

 
 
 
 
 
 
Clerkenwell Ventures PLC 
("the Company" or "Clerkenwell Ventures") 
 
 
Grant of options 
 
 
Following the completion of the Proposals, the Directors have been granted 
replacement units in the Clerkenwell Ventures plc 2007 Long Term Incentive Plan 
("LTIP"). In accordance with the rules of the LTIP, the market price, hurdle 
price and measurement dates have been re-set, although the number of units 
outstanding for each remains the same. At the same time a further 450 units in 
the LTIP has been granted to an employee of the Company. The total number of 
LTIP units outstanding remains the same at 6,450 units. 
 
 
In addition to the above, following completion of the Proposals, all share 
options under the Clerkenwell Ventures PLC 2007 Share Option Plan ("2007 Option 
Plan") have been adjusted to reflect the Return of Capital and the 
Consolidation. 
 
 
Following the above adjustments, the interests of the Directors under the 
Company's share based payments schemes are as follows: 
 
 
+---------------------------+---------------------------+ 
| LTIP                      | Outstanding Units         | 
+---------------------------+---------------------------+ 
| David Page                | 3,000                     | 
+---------------------------+---------------------------+ 
| Paul Campbell             | 3,000                     | 
+---------------------------+---------------------------+ 
 
 
+---------------------------+---------------------------+ 
| 2007 Option Plan          | Outstanding options       | 
+---------------------------+---------------------------+ 
| David Page                | 309,064 at 54p            | 
+---------------------------+---------------------------+ 
| Paul Campbell             | 309,064 at 54p            | 
+---------------------------+---------------------------+ 
 
 
All capitalised terms in this announcement have the meanings set out in the 
Company's Circular dated 9 January 2009. 
 
 
For further information please contact: 
 
 
Clerkenwell Ventures PLCTelephone: 0870 066 2099 
David Page, Non-Executive Chairman 
 
 
Seymour Pierce Limited     Telephone: [phone] 
Nicola Marrin 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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