Business
Share Option Grant
Share Option Grant.
About this update from Mineral And Financial Investments Ltd
[{"type":"text","content":"\n \nRNS Number : 6985V Mineral & Financial Invest. Limited 01 February 2017 \n\nMineral and Financial Investment Limited\n(\"MAFL\" \"M&FI\" or the \"Company\")\n \n \nShare Option Grant\n \n \nLondon, UK -- (January 31, 2017) - Mineral & Financial Investments Limited (LSE/AIM: MAFL) (the \"Company\" or \"M&FI\" or \"MAFL\") today announces that the Company granted options (\"Options\") over a total of 600,000 ordinary shares of 1 pence each in the capital of the Company (\"Ordinary Shares\"). The Options are exercisable at 7.5 pence per Ordinary Share\n \n\n\n\n\n \n \nName\n\n\n \n \nPosition\n\n\nNo. Of Options Granted\n\n\nOption Exercise Price (p)\n\n\nTotal # Of Options Held*\n\n\nTotal # of Options as % of total shares O/S\n\n\n\n\nJacques Vaillancourt\n\n\nExecutive Chairman\n\n\n230,000\n\n\n7.5\n\n\n335,000\n\n\n1.4%\n\n\n\n\nAlastair Ford\n\n\nCOO\n\n\n125,000\n\n\n7.5\n\n\n335,000\n\n\n1.4%\n\n\n\n\nLaurence Read\n\n\nFormer Director\n\n\n110,000\n\n\n7.5\n\n\n295,000\n\n\n1.2%\n\n\n\n\nSean Keenan\n\n\nDirector\n\n\n100,000\n\n\n7.5\n\n\n100,000\n\n\n0.4%\n\n\n\n\nMiles Nicholson\n\n\nCorporate Secretary\n\n\n35,000\n\n\n7.5\n\n\n35,000\n\n\n0.1%\n\n\n\n\n\n\n\n\n\n\n600,000\n\n\n\n\n\n1,100,000\n\n\n4.48%\n\n\n\n\n \nThe notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail. \n \n*additional options were issued to certain directors on 25th June 2014, see RNS dated 26th June 2014 for the terms of these options.\n \n \nThe following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.\n\n\n\n\n1\n \n\n\nDetails of the person discharging managerial responsibilities / person closely associated\n \n\n\n\n\na)\n \n\n\nName\n \n\n\n Jacques Vaillancourt\n\n\n\n\n2\n \n\n\nReason for the notification \nIssue of options\n\n\n\n\na)\n \n\n\nPosition/status\n \n\n\nChairman\n\n\n\n\nb)\n \n\n\nInitial notification /Amendment\n \n\n\nInitial notification\n \n31st Jan 2017\n\n\n\n\n3\n \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n \n \n \n\n\n\n\na)\n...