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Turbotec Products PLC
02 May 2007
Turbotec Products Plc
('Turbotec' or 'the Company')
Grant of Options
The Board of Turbotec announces today, that at a Board Meeting held on the 21st
March 2007, the Company granted options over, in aggregate, 440,000 ordinary
shares of 1p each in the share capital of the Company ('Ordinary Shares') to
Directors of the Company as follows:
Number of Exercise Exercise
Ordinary Shares Price Period
Sunil Raina (Managing Director) 180,000 shares 71p 21/3/2009-
21/3/2017
Robert Lieberman (Financial Director) 140,000 shares 71p 21/3/2009-
21/3/2017
Tom Nairn (Non-Executive Chairman) 50,000 shares 71p 21/3/2009-
21/3/2017
Rob Lowe (Non-Executive Director) 35,000 shares 71p 21/3/2009-
21/3/2017
Anthony Mirabella (Non-Executive Director) 35,000 shares 71p 21/3/2009-
21/3/2017
Further enquiries:
Sunil Raina, Managing Director +1 860 683 2005
Turbotec Products Plc
About Turbotec:
Turbotec is the holding company for Turbotec Products Inc, ("TPI") an
established, profitable, specialist engineering business, based in Windsor,
Connecticut, USA.
TPI's business is the design, manufacture and marketing of technologically
advanced heat exchangers and value added metal tubing, components and systems
for a range of industries including the heating, air conditioning and
refrigeration industries.
Through its proprietary manufacturing processes TPI is able to convert mill
purchased metal tubing into special purpose spirally fluted (twisted), grooved
and coiled tubes and components that are sold to its customers for use in their
end products.
This information is provided by RNS
The company news service from the London Stock Exchange