Director/PDMR Shareholding
13 November 2007 - 3:36AM
UK Regulatory
RNS Number:5409H
ClearSpeed Technology plc
12 November 2007
ClearSpeed Technology plc ("ClearSpeed" or the "Company")
Director/PDMR Shareholding
Award of share options
ClearSpeed, a leader in high-performance co-processors for supercomputing
applications, announces that on 1 November 2007 the Remuneration Committee g
ranted options over 470,000 ordinary shares of 1p each to Andrew Kroese who
recently joined the plc board as Chief Financial Officer. The options will vest
and become exercisable in respect of one third of the Ordinary Shares over which
they are granted on the first, second and third anniversaries of the date of
grant. The exercise price is 781/2p, the closing mid-market price on the day
prior to grant.
For further information please contact:
ClearSpeed Technology plc 0117 317 2000
Tom Beese, Chief Executive Officer
College Hill 020 7457 2020
Adrian Duffield/Ben Way
KBC Peel Hunt 020 7418 8900
Oliver Scott/Richard Kauffer
This information is provided by RNS
The company news service from the London Stock Exchange
END
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