Regulatory Announcement
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RNS Number:
8926J
SQS Software Quality Systems AG
04 October 2006
Software Quality Systems AG ("SQS" or "the Company")
Interest in share options
SQS (SQS:L). The Company today announced that, as part of a grant of share options to a number of eligible employees, it had granted 50,000 options over €1 ordinary shares under the "SQS Optionsplan 2006" share option scheme on 4 October 2006 to Rene Gawron, a Director of the Company.
It is the Company's policy to award share options to certain employees following the announcement of full-year or half-year results. The exercise price for the options is €3.06 per share. The options become exercisable 3 years from the date of grant and remain exercisable up to 6 years from the date of grant. Rene Gawron's total interest in options over the Company's shares are 171,752.
4 October 2006
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