Business
Issue of Options to Directors and Employees
Issue of Options to Directors and Employees.
About this update from Goldplat Plc
[{"type":"text","content":"\n \n\n\n\n Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining &\n Exploration\n5 December 2008\n Goldplat plc ('Goldplat' or 'the Company')\nIssue of Options to Directors and Employees\n\nGoldplat plc, the AIM quoted gold producer, announces that it has\ntoday issued 11 million options to the Directors of the Company and 5\nmillion options to employees of the Company. The options vest in two\nyears from issue and are exercisable at 10p per share and expire five\nyears from issue.\n\n Name Position Number of Options\n Demetri Manolis Chief Executive 7,000,000\n Ian Visagie Finance Director 2,000,000\n Brian Moritz Non executive Chairman 1,000,000\n John Woolgar Non executive Director 1,000,000\n\n\nFor further information visit www.goldplat.com or contact:\n\nDemetri Manolis, CEO Goldplat plc Tel: +27 11 423\n 1203\nJames Joyce /Sarang Shah WH Ireland Limited Tel: 020 7220\n 1666\nBill Sharp/Andrew Garrett Alexander David Securities Tel: +44 (0)20\n Limited 7448 9820\nFelicity Edwards/ Isabel St Brides Media & Finance Tel: 020 7236\nCrossley Ltd 1177\n\n\nNotes\nGoldplat plc is an AIM-listed gold producer with operations in\nAfrica. Its strategy is to create a mid-tier mining house focused on\ngold production leveraged through revenue generated from its gold\nrecovery businesses.\nThe Company has two recovery business based in South African and\nGhana, which, by safely disposing of mining by-products, fulfil an\nimportant aspect of the mines' environmental management programmes.\nThe South African plant is located near the centre of the East Rand\nGoldfield and raw material feedstock's are sourced from many of the\nmajor South African mining companies including Anglogold Ashanti,\nGoldfields, Harmony, DRD Gold and other smaller producers,. The\nGhana plant, located in the free port of Tema, provides access to raw\nmaterials from mines in Mali, Guinea, Burkina Faso, Benin, Cote\nD'Ivorie, Senegal, the DRC and Mauritania, as well as Ghana.\nAdditionally, Goldplat has expanded into gold mining through the\nacquisition of known deposits with targets of between 200,000 and one\nmillion contained ounces. To this end, in a 50/50 JV, it is\ndeveloping the potential of the highly prospective 213 sq km\nLolgorien licence area located in the historically producing Migori\nArchaean Greenstone Belt in western Kenya, which is sc...