April 24, 2008
GRANT OF OPTIONS
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DDD Group plc (“the Company”) announces the grant of options over 3,970,000 ordinary shares of 10p each in the Company (“Ordinary Shares”) to the Directors, officers and certain employees of the Company. The options have an exercise price of 10p per Ordinary Share.
The Directors to whom options have been granted are detailed below:
Director |
Date of grant |
Number of option shares |
Exercise price per option share |
Total number of option shares |
Exercise period |
C Yewdall |
24 April 2008 |
800,000 |
10p |
2,064,801 |
24 April 2008 to
23 April 2013 |
P Kristensen |
24 April 2008 |
200,000 |
10p |
200,000 |
24 April 2008 to
23 April 2013 |
S Arisawa |
24 April 2008 |
200,000 |
10p |
200,000 |
24 April 2008 to
23 April 2013 |
N Brigstocke |
24 April 2008 |
200,000 |
10p |
200,000 |
24 April 2008 to
23 April 2013 |
W Littlefield |
24 April 2008 |
200,000 |
10p |
200,000 |
24 April 2008 to
23 April 2013 |
H Snook |
24 April 2008 |
200,000 |
10p |
450,000 |
24 April 2008 to
23 April 2013 |
The options will vest and become exercisable as to one-third on the date of grant, one-third on the first anniversary of the date of grant and one-third on the second anniversary of the date of grant. All of the said options will expire, if not exercised, on 23 April 2013.
Enquiries:
Chris Yewdall, President and CEO
Tel +1 310 566 3340
info@DDD.com
Brewin Dolphin Securities
Ken Fleming, Director - Corporate Finance
Tel +44 (0) 141 314 8114
Paul Mason, Assistant Director – Corporate Finance
Tel +44 (0) 141 314 8208
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