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Grant of Options to Directors

Grant of Options to Directors.

articleAltyngold PlcSeptember 29, 20084/company/altyngold-plc/news/grant-of-options-to-directors-12
Grant of Options to Directors

About this update from Altyngold Plc

[{"type":"text","content":"\n RNS Number : 4935E Hambledon Mining PLC 29 September 2008  \nHambledon Mining Plc\n\n('Hambledon' or the 'Company')\n\nGrant of Share Options\n\nHambledon announces the grant today of options over a total of 9,000,000 ordinary shares of 0.1 pence each in the Company ('Ordinary Shares') to various directors and senior management. All of the options granted pursuant to this announcement are exercisable at a price of 5.88 pence per Ordinary Share, being the mid-market closing price on 26 September 2008. These options have been issued under the Company's existing unapproved employee share option scheme.\n\nDetails of the grant of share options to Directors are as follows:\n\n\n\n\n\nName\n\n\nNumber of options\n\n\n\nExercise price\n\n\nExercise period\n\n\n\n\n\nNeil Stevenson\n\n\n3,000,000\n\n\n5.88p\n\n\n26 September 2010 - 25 September 2012\n\n\n\n\nBaurzhan Yerkeyev\n\n\n3,000,000\n\n\n5.88p\n\n\n26 September 2010 - 25 September 2012\n\n\n\n\n\nThe total number of Ordinary Shares under option is now 14,500,000, being 3 per cent. of the issued share capital of the Company as it would be following the exercise of all share options.\n\nEnquiries:\n\nHambledon Mining:\nTelephone +44 (0)20 7233 1462\nCharles Zorab\n\nFairfax I.S. PLC:\nTelephone +44 (0)207 598 5368\nNominated Adviser and Broker\nEwan Leggat\n\nThis information is provided by RNSThe company news service from the London Stock Exchange  END  RDSEAKNKADAPEFE \n ","length":3796,"tagName":"div"}]

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