Grant of Options

RNS Number : 5056H

Landore Resources Limited

05 November 2008

 



Landore Resources Limited

('Landore' or 'the Company')

Grant of Options

Landore announces that yesterday the remuneration committee of the Company approved the grant of options over 4,500,000 ordinary shares of 1p each in the Company ('Ordinary Shares') to Directors, pursuant to the Company's Share Option Scheme. The options were granted as follows:

Director	Options granted	Options held following this notification
William Humphries	3,000,000	8,000,000
Richard Prickett	1,500,000	5,100,000

The options are exercisable (in whole or in part) at any time up to the 5th anniversary of the date of grant and are exercisable at a price of 12p per share.

 

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