Grant of Options

RNS Number : 1534I

China Real Estate Opportunities Ltd

14 November 2008

 

China Real Estate Opportunities Limited 

Grant of Options

China Real Estate Opportunities Limited (the "Company") announces that in the Circular posted to shareholders on 10 November 2008, reference was made to 500,000 share options in the Company, 300,000 of which have been conditionally granted to Richard David, managing director of Treasury Holdings China Limited. 

The Company wishes to clarify that the exercise price of the 500,000 options is £6.35, the market price of the Company's ordinary shares on 10 September 2008, the date of their conditional grant. 

Contact:

CREO

Ray Horney, Chairman

Tel: + 44 (0)1273 775225

Sarah Moriarty, Investor Relations 

Tel: [phone]  

Davy

Des Carville    

Tel: [phone]

Bankside Consultants

Simon Rothschild, Oliver Winters

Tel: + 44 (0)207 367 8888                                   

Murray Consultants

Ed Micheau

Tel: + 3531 498 0300

 

END

 

 

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