Business
Directors Dealings & Grant of
Directors Dealings & Grant of.
About this update from Bradda Head Lithium Limited
[{"type":"text","content":"\n RNS Number : 0951Y Baydonhill PLC 16 December 2010 \n \n\n16 December 2010\n \nBaydonhill plc\n(\"Baydonhill\" or the \"Company\")\n \nDirector's Dealing and Issue of Options \n \nBaydonhill (AIM: BHL), one of the UK's leading foreign exchange specialists, announces that Sarah Collis, Finance Director, has today purchased a total of 1,000,000 ordinary shares in the capital of the Company (\"Ordinary Shares\") from Ekwienox Limited (\"Ekwienox\"), equivalent to 2.03 per cent. of the Company's voting share capital, which represents her entire holding in the Company. As a result, Ekwienox, now holds a total of 34,391,374 Ordinary Shares, equivalent to 69.82 per cent. of the Company's voting share capital.\n \nThe Company also announces that it has today granted an aggregate of 1,380,000 share options over Ordinary Shares (\"Options\"). Of these, 500,000 Options have been granted to Wayne Mitchell, Chief Executive Officer of the Company, 150,000 Options have been granted to Sarah Collis, Finance Director of the Company and 730,000 Options have been granted to certain employees of the Company.\n \nThe Options have been issued with an exercise price of 18 pence per share and will vest on 30 September 2013, subject to the following conditions:\n \n· the Company maintaining a positive profit before tax in total over the period from the date of grant to the proposed vesting date; and\n· that existing loans to companies in the Ekwienox group are repaid in line with agreed repayment schedules, with repayments due on or before 30 September 2012.\n \nContacts:\n \n\n\n\n\nBaydonhill plc \n\n\n\n\n\n\n\nEric Peacock, Chairman\nWayne Mitchell, Chief Executive\n\n\n+44 207 594 0584\n\n\n\n\n\n\n\n\n\n\n\n\nMerchant Securities Limited\n\n\n\n\n\n\n\nBidhi Bhoma / Simon Clements\n\n\n+44 207 628 2200\n\n\n\n\n\n\n\n\n\n\n\n\nSquare1 Consulting\n\n\n\n\n\n\n\nDavid Bick / Mark Longson\n\n\n+44 207 929 5599\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUNSARROAUAAA \n ","length":4997,"tagName":"div"}]