Issue of Equity

RNS Number : 2379V
Solomon Gold PLC
27 May 2008
 

27 May, 2008

Announcement to London Stock Exchange

Solomon Gold plc

 

 

GRANT OF SHARE OPTIONS

 

On 26 May 2008, the Company granted 400,000 share options, for nil consideration, to persons currently employed by the Company over the Company's ordinary shares of 1 pence each ('Ordinary Shares'). These share options were granted at exercise prices between 25 pence and 75 pence per Ordinary Share. The share options can be exercised up to 31 December 2010. The total number of share options (400,000) issued represents 0.9% of the current issued share capital.

 

By order of the Board

DP Cornish

Company Secretary

 

 

Contacts:

 

Mr Duncan Cornish

Secretary

Tel: +61 7 3303 0660 or dcornish@solomongold.com

 

Mr Stephen Weir

RFC Corporate Finance

Nominated Advisor

Tel +61 2 9250 0048 or Stephen.Weir@rfc.com.au

 

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