Business
Grant of options
Grant of options.
About this update from Beowulf Mining Plc
[{"type":"text","content":"\n RNS Number : 3363T Beowulf Mining PLC 27 September 2010 \n \n\n27 September 2010\n \nBeowulf Mining Plc\n(\"Beowulf\" or the \"Company\")\n \nGrant of Options\n \nBeowulf (AIM: BEM; Aktietorget: BEO), the AIM and Aktietorget traded mineral exploration company which owns several exploration projects in Sweden, announces that on 24 September 2010 it granted options over, in aggregate, 850,000 ordinary shares of 1 pence each in the share capital of the Company (the \"Shares\") to certain directors. The options vest over a five year period from 24 September 2010 and are immediately exercisable, in whole or in part, up to the fifth anniversary of the date of the grant, at an exercise price of 7 pence per Share.\n \nDetails of the grant of options to the directors of the Company are as follows:\n \n\n\n\n\n\n\n\nNumber of options granted\n \n\n\nExercise price per share\n\n\nTotal number of shares now held under option\n\n\n \n\n\n\n\nDr Jan-Ola Larsson\n\n\n350,000\n\n\n7.00p\n\n\n600,000\n\n\n \n\n\n\n\nMr Anthony Scutt\n\n\n250,000\n\n\n7.00p\n\n\n500,000\n\n\n \n\n\n\n\nMr Edward Taylor\n\n\n250,000\n\n\n7.00p\n\n\n500,000\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nEnquiries:\n \n\n\n\n\nBeowulf Mining Plc\n\n\n\n\n\n\n\nClive Sinclair-Poulton, Chairman\n\n\n+353 (0) 85 739 2674\n\n\n\n\n\n\n\n\n\n\n\n\nStrand Hanson Limited\n\n\n\n\n\n\n\nMatthew Chandler / Simon Raggett\n\n\n+44 (0) 207 409 3494\n\n\n\n\n\n\n\n\n\n\n\n\nAlexander David Securities Limited\n\n\n\n\n\n\n\nDavid Scott / Nick Bealer\n\n\n+44 (0) 207 448 9820\n\n\n\n\n\n\n\n\n\n\n\n\nLothbury Financial Services Limited\n\n\n\n\n\n\n\nGary Middleton / Michael Padley\n\n\n+44 (0) 207 868 2010\n\n\n\n\n\n\n\n\n\n\n\n\nor visit http://www.beowulfmining.net\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RDSLIFETASIDFII \n ","length":8309,"tagName":"div"}]