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Photocure ASA - Allotted Share Options

ID: 1011568

(Thomson Reuters ONE) -


Oslo, Norway, March 18, 2010

Photocure has a total of 941,893 employee options outstanding as of 17.03.2010.

The Board of Directors decided a conditional allotment of 550,000 share options
for 2010. The subscription rights can only be exercised if certain goals for
2010 are achieved. Strike price for the options is NOK 44.00 per share,
corresponding to the market price on March 17, 2010. Of these subscription
rights, the following amount was allotted to the management team:
* Kjetil Hestdal, President and CEO: 50,000
* Christian Fekete, CFO:30,000
* Inger Ferner Heglund, VP R&D: 30,000
* Grete Hogstad, VP Marketing and Sales: 30,000



For further information,
contact:
Christian Fekete (CFO)
Email: cf(at)photocure.no
Telephone: +47 22 06 22 10
Mobile: +47 916 42 938

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1395155]












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Bereitgestellt von Benutzer: hugin
Datum: 18.03.2010 - 03:41 Uhr
Sprache: Deutsch
News-ID 1011568
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