The grant of options to a director pursuant to the companys Unapproved Options Scheme
On 6 November 2007, the Company granted options under the Companys Unapproved Options Scheme to subscribe for 747,561 Ordinary Shares of 1p in the Company to David Stewart Urquhart, a director of the Company.The options are exercisable at a price of 21.5 pence. These options are not exercisable before the third anniversary of the date of issue and then only when agreed performance criteria have been satisfactorily achieved.
Following this grant of options, David Stewart Urquhart will have options to subscribe for an aggregate of 1,000,000 (one million) ordinary shares of 1p.
For further information:
The Medical House PLC tel: 0114 261 9011
Ian Townsend, Chairman
www.themedicalhouse.com
Buchanan Communications tel: 020 7466 5000
Tim Anderson / Rebecca Skye Dietrich /Lisa Baderoon
Publish Date: Wednesday, November 07, 2007