CINP Cinpart

 

TIDMCINP 
 
RNS Number : 7280S 
Cinpart PLC 
22 May 2009 
 

 
 
22 May 2009 
 
 
CINPART PLC 
("Cinpart" or the "Company") 
 
 
Issue of Options 
 
 
The Company announces that it has granted the following share options (the 
"Options") to Christopher Foster (Executive Director) and Kevin Baker (Chief 
Executive) (together, the "Directors"); 
 
 
+------------------------------------------------+-----------------------+ 
|                                                |     Number of options | 
+------------------------------------------------+-----------------------+ 
| Christopher Foster                             |             1,823,480 | 
+------------------------------------------------+-----------------------+ 
| Kevin Baker                                    |             1,823,480 | 
+------------------------------------------------+-----------------------+ 
 
 
The Options have been issued with an exercise price of 6.375 pence, being the 
average closing-middle market price of the three days following the release of 
the Company's accounts to 31 December 2008 on 19 May 2009. The options vest 
immediately and are exercisable until 22 May 2019. 
 
 
Following the issue of the Options, the Directors will hold the following share 
options; 
 
 
+----------------------+-------------+--------------+------------+-------------+ 
|                      |    Exercise |    Number of |       Date | Exercisable | 
|                      |       Price |      Options |    Granted |       Until | 
|                      |     (pence) |              |            |             | 
+----------------------+-------------+--------------+------------+-------------+ 
| Christopher Foster   |       6.375 |    1,823,480 | 22/05/2009 |  22/05/2019 | 
+----------------------+-------------+--------------+------------+-------------+ 
|                      |           7 |      357,142 | 29/06/2007 |  06/06/2017 | 
+----------------------+-------------+--------------+------------+-------------+ 
|                      |           1 |      500,000 | 29/06/2007 |  06/06/2017 | 
+----------------------+-------------+--------------+------------+-------------+ 
|                      |             |              |            |             | 
+----------------------+-------------+--------------+------------+-------------+ 
| Kevin Baker          |       6.375 |    1,823,480 | 22/05/2009 |  22/05/2019 | 
+----------------------+-------------+--------------+------------+-------------+ 
|                      |           7 |      357,142 | 29/06/2007 |  22/05/2017 | 
+----------------------+-------------+--------------+------------+-------------+ 
 
 
Enquiries: 
 
 
+---------------------------------------------+--------------------------+ 
| Cinpart                                     |                          | 
+---------------------------------------------+--------------------------+ 
| Christopher Foster, Executive Director      | Tel: 020 3176 3031       | 
+---------------------------------------------+--------------------------+ 
| Kevin Baker, Chief Executive                | Tel: 020 3176 3033       | 
+---------------------------------------------+--------------------------+ 
|                                             |                          | 
+---------------------------------------------+--------------------------+ 
| John East & Partners Limited, a subsidiary of Merchant Securities Plc  | 
| (Nomad)                                                                | 
+------------------------------------------------------------------------+ 
| John East/Simon Clements                    | Tel: 020 7628 2200       | 
+---------------------------------------------+--------------------------+ 
|                                             |                          | 
+---------------------------------------------+--------------------------+ 
| Rivington Street Corporate Finance Limited  |                          | 
| (Broker)                                    |                          | 
+---------------------------------------------+--------------------------+ 
| Monisha Varadan                             | Tel: 020 7562 3389       | 
+---------------------------------------------+--------------------------+ 
 
 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 RDSFGGZKMZRGLZM 
 

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