REG - Tristel PLC - Directors dealing/grant of options <Origin Href="QuoteRef">TSTL.L</Origin>

TristelAnnouncement

04/08/2015 12:00

RNS Number : 0443V
Tristel PLC
04 August 2015
Tristel plc
("Tristel" or "the Company")
Directors dealing/grant of options
Tristel plc (AIM: TSTL), the manufacturer of infection prevention, contamination control and hygiene products, announces today that Paul Swinney, CEO and Elizabeth Dixon, Finance Director, have been granted options over 636,567 ordinary 1 pence shares ("Ordinary Shares") under the Tristel plc Performance Share Plan 2015. The options are exercisable at 1 pence per share subject to certain profit objectives being met or the share price of the Company being equal to or greater than 134 pence per Ordinary Share for a period of 30 consecutive dealing days.
The options are exercisable for a period of five years from date of vesting in three equal tranches following publication of the annual results. The first tranche will vest, if performance conditions are met, on publication of the results to 30 June 2016. 
Following the award, the equity interests of the executive directors are as follows:
Director
Ordinary Shares currently held
Options over Ordinary Shares currently held
Options over Ordinary Shares granted
Total options held post grant
Percentage interest in fully diluted share capital
Paul Swinney
915,000
1,250,000
414,179
1,664,179
5.8%
Liz Dixon
45,067
227,500
222,388
449,888
1.1%
Total
960,067
1,477,500
636,567
2,104,067
6.9%
For further information please contact:
Tristel plc
Tel: 01638 721 500
Paul Swinney, Chief Executive Officer
Liz Dixon, Finance Director
Walbrook PR Ltd
Tel: 020 7933 8780 or tristel@walbrookpr.com
Paul McManus
Mob: 07980 541 893
Lianne Cawthorne
Mob: 07584 391 303
finnCap
Tel: 020 7220 0500
Geoff Nash/ Giles Rolls (Corporate Finance)
Stephen Norcross (Corporate Broking)

This information is provided by RNS
The company news service from the London Stock Exchange
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