Grant of Options

 

TIDMINN 
 
RNS Number : 6609N 
Innovision Research&Technology PLC 
20 February 2009 
 

Innovision Research and Technology plc 
 
 
(the "Company") 
 
 
Grant of Options 
 
 
 
 
Innovision Research and Technology plc announces that on 19 December 2008, the 
Remuneration Committee of the Board approved and allocated options over ordinary 
shares of 1p each in the Company ("Ordinary Share") to Dr Stephen Morris, Chief 
Technology Officer. The options were granted on 20 January 2009. 
 
 
All options are exercisable at 11.75 pence per Ordinary Share with exercise 
rights starting on 20 January 2012 and continuing until 20 January 2019.  There 
are no performance criteria attached to these options. 
 
Details are as follows: 
 
 
+--------------+----------+----------+----------+----------+----------+----------+ 
| Director     |   Number | % issued |    Total | % issued |   Number | % issued | 
|              |       of | ordinary |   number | ordinary |       of | ordinary | 
|              | Ordinary |    share |       of |    share | Ordinary |    share | 
|              |   Shares |  capital | Ordinary |  capital |   Shares |  capital | 
|              |     over |          |   Shares |          |     held |          | 
|              |    which |          |     over |          |          |          | 
|              |  options |          |    which |          |          |          | 
|              |     were |          |  options |          |          |          | 
|              |  granted |          |     held |          |          |          | 
+--------------+----------+----------+----------+----------+----------+----------+ 
| Dr S Morris  |  500,000 |     0.81 |  500,000 |     0.81 |   10,000 |     0.02 | 
+--------------+----------+----------+----------+----------+----------+----------+ 
 
 
 
 
For further information please contact: 
 
 
+-----------------------------------+------------------------------------+ 
| Innovision Research and           |                  Tel: [phone] | 
| Technology plc:                   |                                    | 
+-----------------------------------+------------------------------------+ 
| David Wollen, Chief Executive     |                                    | 
+-----------------------------------+------------------------------------+ 
| Brian McKenzie, Finance Director  |                                    | 
+-----------------------------------+------------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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