Grant of Options

 

TIDMPTX TIDMPTXU 
 
RNS Number : 9670Y 
Protonex Technology Corporation 
14 September 2009 
 

14 September 2009 
 
 
Protonex Technology Corporation ('the Company') 
 
 
 
 
 
 
Grant of Options 
 
The Board of the Company announces that on 9 September 2009 it has approved a 
grant of options over common shares of the Company pursuant to the Company's 
2003 Stock Incentive Plan to the following director: 
 
 
Paul Osenar, Chief Technology Officer 400,000 
 
 
The options are exercisable at $0.54 (approximately 32.5p) and are exercisable 
for a period of 10 years. The options are not currently vested and will vest 
linearly and with time over the next three years. 
 
 
Following the above option grants, in aggregate, Paul Osenar now holds options 
over 703,929 common shares of the Company. 
 
 
For further information: 
 
 
Enquiries 
 
 
Protonex                       [phone] 
Scott Pearson, Chief Executive Officer 
John Connolly, Chief Financial Officer 
 
 
Redleaf Communications Limited [phone] 
Press and Investor [e-mail] 
Samantha Robbins 
Paul Dulieu 
 
 
Piper Jaffray Ltd.            [phone] 
Nominated Adviser 
Michael Covington 
James Steel (Qualified Executive) 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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