Issue of options
02 September 2003 - 7:31PM
UK Regulatory
RNS Number:3144P
SRS Technology Group PLC
02 September 2003
For immediate release
SRS Technology Group plc ("SRS" of "The company")
2 September 2003
Issue of Options
The Board of SRS Technology Group plc announce that on 22 August 2003, following
the recent placing, the Company granted EMI options totalling 1,425,339 Ordinary
Shares of 1p each to executive directors and other staff members. The exercise
price for these options is 5.5p. Exercise of these options is subject to
achievement of the performance criteria as set out in the EMI scheme.
The options have been granted to the executive directors as follows:
Number of options Total number of options
D W Gration 692,500 972,500
J Shermer 75,000 525,000
J Sikorski 275,000 475,000
M Young 115,000 189,000
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
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