PureCircle Limited LTIP Options Awarded - Options Issued to Directors (9561P)
October 08 2013 - 2:00AM
UK Regulatory
TIDMPURE
RNS Number : 9561P
PureCircle Limited
08 October 2013
PURECIRCLE LIMITED
("PureCircle" or "the Company")
Long Term Incentive Plan ("LTIP") Options Awarded - Options
Issued to Directors
PureCircle (LSE: PURE), the world's largest producer and
marketer of high purity stevia ingredients provides an update of
new options issued under the Company's LTIP.
On 8 October 2013, the Company made a regular annual award of
options under the terms and conditions of the Company's LTIP scheme
to certain employees including the Executive Directors:-
1. FY2014 options awarded
A total of 1,576,350 options have been granted to employees and
Executive Directors and may vest on 30 June 2016 at nil exercise
price, subject to performance conditions.
2. Finalisation of options awarded for FY2013
As announced on 3 October 2012, for the FY2013 awards the
Company noted that it would issue up to 3.26 million options. This
process has now been finalised and PureCircle confirms that it has
consequently issued a total of 1,633,020 options under the LTIP for
FY2013. These options may vest on 30 June 2015 at nil exercise
price.
Following the above awards, the interests of the Executive
Directors in the Company comprise:-
New options granted
Director Number Number of Regular Additional Total current
of shares options held FY2014 FY2013 options held
held previously
----------- -------------- --------- --------------
Mr M Malsagov (Executive) 14,855,612 582,000 102,120 2,520 686,640
----------- -------------- --------- ----------- --------------
Mr W Mitchell (Executive) 887,000 437,000 89,750 2,420 529,170
----------- -------------- --------- ----------- --------------
Total 15,742,612 1,019,000 191,870 4,940 1,215,810
----------- -------------- --------- ----------- --------------
PureCircle currently has 8.046 million options on issue
following the above awards.
8 October 2013
For more information:
PureCircle Limited (www.purecircle.com)
Magomet Malsagov, CEO +60 3 2166 2206
William Mitchell, CFO +44 7974 005 163
RFC Ambrian Ltd (NOMAD) +61 8 9480 2500
Stephen Allen
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSUGGCGUUPWUWR
Purecircle (LSE:PURE)
Historical Stock Chart
From Jun 2024 to Jul 2024
Purecircle (LSE:PURE)
Historical Stock Chart
From Jul 2023 to Jul 2024