TIDMNSCI

RNS Number : 4148V

NetScientific PLC

30 January 2017

("NetScientific" or the "Company" or the "Group")

Grant of Options to Directors

London, UK - 30(th) January 2017 - NetScientific plc ("NetScientific", AIM: NSCI), the transatlantic biomedical and healthcare technology group, today announced that on 27(th) January 2017, options over ordinary shares of 5p each were granted to its CEO François Martelet and CFO Ian Postlethwaite as detailed below (the "New Options").

 
 Director                    Number of Options   Number of Options 
                                       Granted                Held 
------------------------  --------------------  ------------------ 
 François Martelet                200,000             759,020 
  Ian Postlethwaite                    180,000             360,000 
 
 

The New Options have an exercise price of 65.5 pence per share, being the average closing price for the ordinary shares over the five dealing days prior to the date on which the options were granted. The New Options vest three years from the date of grant.

- Ends -

For more information, please contact:

 
NetScientific                         Tel: +44 (0)20 3514 1800 
 François R. Martelet, M.D., 
 CEO 
 Ian Postlethwaite, CFO 
Stifel Nicolaus Europe Limited        Tel: +44 (0) 20 7710 
 (NOMAD and broker)                    7600 
 Jonathan Senior / David Arch 
 / Ben Maddison 
 Consilium Strategic Communications   Tel: +44 (0)20 3709 5700 
  Mary-Jane Elliott / Jessica          netscientific@consilium-comms.com 
  Hodgson / Chris Welsh 
 

About NetScientific Plc

NetScientific is a transatlantic healthcare technology group with an investment strategy focused on sourcing, funding and commercialising technologies that significantly improve the health and well-being of people with chronic diseases. For more information, please visit the website at www.netscientific.net

This information is provided by RNS

The company news service from the London Stock Exchange

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January 30, 2017 02:01 ET (07:01 GMT)

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