ProPhotonix Limited AGM Results and Director Dealings

SALEM, NH--(Marketwired - May 20, 2016) - AGM Results and Director Dealings (OTC PINK: STKR) (LSE: PPIX) (LSE: PPIR)

OTC: STKR; AIM: PPIX

ProPhotonix Limited AGM Results and Director Dealings

(Salem, New Hampshire, May 20, 2016) ProPhotonix Limited (OTC: STKR; AIM: PPIX) announces that at its Annual General Meeting held on May 19, 2016, the following:

  • All matters put before the shareholders duly passed.

  • At the AGM, the following share options were granted over Common Shares, under the 2014 Stock Incentive Plan, to non executive directors in accordance with their service contracts:

Name

No. of options

Exercise Price

R Oglethorpe

150,000

$0.05075

T Steel

150,000

$0.05075

M Weidman

150,000

$0.05075

V Thompson

150,000

$0.05075

These options have an expiry date of May 18, 2026 and vest over one year.
Contact:

ProPhotonix Limited
Tim Losik, President and CEO

Tel: +1 603 893 8778
ir@prophotonix.com

Stockdale Securities Limited
Tom Griffiths and David Coaten

Tel: +44 (0) 20 7601 6100

Nominated Adviser and Broker

About ProPhotonix
ProPhotonix Limited, headquartered in Salem, New Hampshire, is a high technology designer and manufacturer of diode-based laser modules and LED systems for industry leading OEMs and medical equipment companies. In addition, the Company distributes premium diodes for Ushio (formerly Oclaro), Osram, QSI, Panasonic, and Sony. The Company serves a wide range of markets including the machine vision, industrial inspection, security, and medical markets. ProPhotonix has offices and subsidiaries in the U.S., Ireland, U.K., and Europe. For more information about ProPhotonix and its innovative products, visit the Company's web site at www.prophotonix.com

This information is provided by RNS
The company news service from the London Stock Exchange