15 July 2016
Grant of Options
Collagen Solutions plc (AIM: COS), the developer and manufacturer of medical grade collagen components for use in regenerative medicine, medical devices and in-vitro diagnostics, announces that options over 2,700,000 ordinary shares of 1p each in the Company ("Ordinary Shares") were granted on 14 July 2016 to Jamal Rushdy, Chief Executive Officer ("Options").
The Options have an exercise period of ten years from grant and have an exercise price per Option of 8.125p. The Options vest in full upon the closing middle market price per Ordinary Share exceeding 30p during the exercise period. The Options are equivalent to 1.6 per cent. of the Company's existing issued share capital.
|Collagen Solutions Plc|
|Jamal Rushdy, CEO||Mob: +1 612 405 7709|
|Gill Black, CFO||Tel: 0141 648 9100|
|Panmure Gordon & Co (Nominated Adviser and Broker)|
|Freddy Crossley, Duncan Monteith (Corporate Finance)||Tel: 020 7886 2500|
|Maisie Atkinson (Corporate Sales)||Tel: 020 7886 2905|
|Walbrook PR Ltd||Tel: 020 7933 8780 or email@example.com|
|Mike Wort||Mob: 07900 608 002|
|Anna Dunphy||Mob: 07876 741 001|