Award of Options

RNS Number : 5650J

Anglo Asian Mining PLC

04 December 2008

 



For Immediate Release

4 December 2008

ANGLO ASIAN MINING PLC

('Anglo Asian' or 'the Company')

AWARD OF OPTIONS

Anglo Asian Mining PLC (AIM: AAZ), the gold and copper development company with projects in Azerbaijan, announces the award of the following options:

		Vesting Date
Director/Employee	Number of Options Awarded	March 2009	September 2009	March 2010	December 2010
Khosrow Zamani	550,000	150,000	200,000	200,000
Farhang Hedjazi	500,000	150,000	200,000	150,000
Mehrdad Etemad	450,000	150,000	100,000	100,000	100,000
Andrew Herbert	150,000	50,000	50,000	50,000
Abdul Ahmadov	200,000	50,000	100,000	50,000
Total	1,850,000	550,000	650,000	550,000	100,000

The above options are awarded over Ordinary Shares of 1p each at an option price of 4.75p per share and have an expiry date of 2 December 2018. There is no performance criteria related to the award of these options.

-Ends-

For further details, please contact: 

Anglo Asian Mining PLC
Khosrow Zamani, Chairman	[phone]
Reza Vaziri, Acting Chief Executive	[phone]
Andrew Herbert, Chief Financial Officer	[phone]
Numis Securities Limited
John Harrison, Nominated Adviser	[phone]
James Black, Corporate Broking
Parkgreen Communications	[phone]
Sue Scott

 

END

 

 

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