TyraTech, Inc. Award of Share Options (6379B)
06 March 2014 - 6:01PM
UK Regulatory
TIDMTYR TIDMTYRU
RNS Number : 6379B
TyraTech, Inc.
06 March 2014
TYRATECH, INC.
("TyraTech" or "the Company")
Award of Share Options
6 March 2014
TyraTech, Inc. (AIM: TYR), a natural life sciences company,
announces that on 4 March 2013, a total of 2,500,000 Stock
Appreciation Right options over common shares of US$0.001 in the
Company ("SARs"), were awarded to the directors of the Company (the
"Award").
Of the SARs awarded, Bruno Jactel, Alan Reade, Barry Riley and
James Hills, directors of the Company, were awarded 1,500,000,
500,000, 250,000 and 250,000 SARs, respectively.
The Company now has a total of 10,676,909 SARs outstanding over
Common shares.
Following the Award:
Bruno Jactel is interested in 1,859,567 Common Shares
representing an interest of 0.90 per cent. of the total voting
rights of the Company. In addition, Bruno Jactel is interested in
1,500,000 SARs in the Company as follows:
Options Held Option Exercise Price Expiry Date
------------- ---------------------- -------------
1,500,000 12.5p 4 March 2024
------------- ---------------------- -------------
Alan Reade is interested in 12,486,358 Common Shares
representing an interest of 6.06 per cent. of the total voting
rights of the Company. In addition, Alan Reade is interested in
3,145,695 SARs in the Company as follows:
Options Held Option Exercise Price Expiry Date
------------- ---------------------- ----------------
500,000 12.5p 4 March 2024
------------- ---------------------- ----------------
1,000,000 6p 25 April 2022
------------- ---------------------- ----------------
100,570 12p 6 March 2022
------------- ---------------------- ----------------
550,000 10.5p 4 February 2020
------------- ---------------------- ----------------
995,125 12p 10 October 2020
------------- ---------------------- ----------------
Barry Riley is interested in 3,055,556 Common Shares in the
Company representing an interest of up to 1.48 per cent. of the
total voting rights of the Company. In addition, Barry Riley is
interested in 800,000 SARs in the Company as follows:
Options Held Option Exercise Price Expiry Date
------------- ---------------------- ----------------
250,000 12.5p 4 March 2024
------------- ---------------------- ----------------
350,000 6p 25 April 2022
------------- ---------------------- ----------------
200,000 12p 10 October 2020
------------- ---------------------- ----------------
James Hills is interested in 1,047,900 Common Shares in the
Company representing an interest of up to 0.51 per cent. of the
total voting rights of the Company. In addition, James Hills is
interested in 800,000 SARs in the Company as follows:
Options Held Option Exercise Price Expiry Date
------------- ---------------------- ----------------
250,000 12.5p 4 March 2024
------------- ---------------------- ----------------
350,000 6p 25 April 2022
------------- ---------------------- ----------------
200,000 12p 10 October 2020
------------- ---------------------- ----------------
TyraTech, Inc.
Alan Reade, Executive Chairman Tel: +1 919 415 4310
Peter Jerome, Chief Financial Officer Tel: +1 919 415 4280
SPARK Advisory Partners Limited, Nominated Adviser
Matt Davis Tel: +44203 368 3552
Mark Brady Tel: +44203 368 3551
Allenby Capital Limited, Joint Broker
Chris Crawford Tel: +44 20 3328 5656
Whitman Howard Limited, Joint Broker
Ranald McGregor Smith / Niall Devins Tel: +44 20 7087 4555
Walbrook, Financial PR and IR
Bob Huxford /Guy McDougall (Public Relations) Tel: +44 20 7933 8792
Paul Cornelius (Investor Relations) Tel: +44 20 7933 8794
This information is provided by RNS
The company news service from the London Stock Exchange
END
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