Grant of Options

RNS Number : 2710I
Landore Resources Limited
01 July 2013
 



Landore Resources Limited

("Landore" or "the Company")

 

Grant of Options

 

 

On 20 June 2013 the Company's Remuneration Committee recommended the grant of options over 7,000,000 ordinary shares of 1p each (each an "Ordinary Share") to certain Directors under stand alone option deeds. These were then approved by the board on the same date.

 

The following option grants to Directors have therefore been made today:

 

Director

Options granted

Options held following this notification

William Humphries

4,500,000

15,000,000

Richard Prickett

2,000,000

9,500,000

Charles Wilkinson

500,000

1,000,000

 

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

 

 

Enquiries:

Bill Humphries/Richard Prickett

Landore Resources Limited

Tel: +44(0)20 7409 7444

 

Angela Hallett / James Spinney

Strand Hanson Limited

Tel: +44(0)20 7409 3494

 

 

 


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