Business
Replacement for Grant of Share Options
Replacement for Grant of Share Options.
About this update from Emmerson Plc
[{"type":"text","content":"\n \n \n RNS Number : 3880V\n Emmerson PLC\n 06 August 2020\n \n \n \n \n \n \n \n The following amendments have been made to the Grant of Share Options announcement released on 5 August 2020 at 16.10 under RNS No 2730V.\n \n \n \n \n \n The exercise prices should read £0.001, £0.05, £0.06, £0.07 and £0.10.\n \n \n \n \n \n All other details remain unchanged. The full amended text is shown below.\n \n \n \n \n \n \n \n \n Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining\n \n \n 6 August 2020\n \n \n Emmerson Plc \n (\"Emmerson\" or the \"Company\")\n \n \n \n Grant of Share Options\n \n \n \n \n \n Emmerson Plc, the Moroccan focused potash development company, announces the grant of 55,000,000 (55 million) options to subscribe for new ordinary shares in the Company (the \"New Options\") to certain directors and senior management of the Company with effect from 1 August 2020 (the \"Grant Date\").\n \n \n Details of the Options\n \n \n \n Director / Senior Management\n \n \n New Options\n \n \n Vesting Dates\n \n \n Total options held\n \n \n \n \n Mr Graham Clarke\n \n \n 17,500,000\n \n \n \n · 500,000 Options on the first anniversary of the Grant Date at a price of £0.001 per ordinary share;\n \n · 1,000,000 Options on the first anniversary of the Grant Date at a price of £0.05 per ordinary share;\n \n · 2,000,000 Options on the first anniversary of the Grant Date at a price of £0.07 per ordinary share;\n \n · 3,333,333 Options on the first anniversary of the Grant Date at a price of £0.10 per ordinary share.\n \n \n · 1,000,000 Options on the second anniversary of the Grant Date at a price of £0.001 per ordinary share;\n \n · 1,000,000 Options on the second anniversary of the Grant Date at a price of £0.05 per ordinary share;\n \n · 2,000,000 Options on the second anniversary of the Grant Date at a price of £0.07 per ordinary share;\n \n · 3,333,333 Options on the second anniversary of the Grant Date at a price of £0.10 per ordinary share.\n \n \n · 3,333,334 Options on the third anniversary of the Grant Date at a price of £0.10 per ordinary share.\n \n \n 17,500,000\n \n \n \n \n Mr Said Hamdioui\n \n \n 3,500,000\n \n \n \n · 750,000 Options on the Grant Date at a price of £0.06 per ordinary share;\n \n · 1,000,000 on the Grant Date at a price o...