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: [phone]

Angela Hallett / James Spinney

Strand Hanson Limited

Tel: [phone]

 

END

 

 

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