Director/PDMR Shareholding (3712W)

TIDMSNS

RNS Number : 3712W

Silanis International Limited

30 January 2012

30 January 2012

Silanis International Limited (the "Company")

The Company announces that on 26 January 2012, pursuant to the terms of the amended and restated 2007 Stock Option Plan of Silanis Technology Inc. ("Silanis"), a total of 1,000,000 options for exchangeable shares of Silanis ("Exchangeable Shares") have been granted at an exercise price of 30.5 pence each to the following directors of the Company and Silanis:

 
 Executive Director           Number of       Total number 
                        options granted    of Exchangeable 
                                              Shares under 
                                               option held 
--------------------  -----------------  ----------------- 
 Tommy Petrogiannis             550,000            950,000 
--------------------  -----------------  ----------------- 
 Matthew Lane                   450,000            783,333 
--------------------  -----------------  ----------------- 
 

As at 26 January 2012, there were 65,307,026 Exchangeable Shares and 7,089,166 options for Exchangeable Shares in issue. Pursuant to an Exchangeable Share and Support Agreement (the "Agreement"), each holder of Exchangeable Shares has the right to exchange its Exchangeable Shares for ordinary shares of the Company on a one-to-one basis, subject to the terms of the Agreement.

Full details regarding the exchangeable share structure can be found in Part II of the Company's AIM Admission Document, which is available on the Company's website www.sil-intl.co.uk.

For further details, please contact:

 
Silanis International Limited 
                                Tel: [phone] 
 Tommy Petrogiannis, C.E.O. 
Canaccord Genuity Limited      Tel: [phone] 
                                6500 
 Simon Bridges 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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