Business
Grant of Stock Options
Grant of Stock Options.
About this update from Shearwater Group Plc
[{"type":"text","content":"\n \nRNS Number : 5257F Aurum Mining PLC 27 April 2011 \n\nAURUM MINING PLC\n(\"Aurum\" or \"the Company\")\n \n27 April 2011\n \nGranting of stock options\nFurther to the announcement made by the Company on 6 April 2011, Aurum confirms that following the successful completion of the placing at 8am today, 3.95 million incentive stock options have been granted to the Directors of the Company. The options represent approximately 3.34 per cent. of the issued share capital of the Company. The exercise price of the options is 3.5p, being the mid-market closing price of the Company's ordinary shares of 1p each on 26 April 2011. The options will be exercisable for a period of five years. Other than in respect of these options, there are no other existing options or warrants outstanding.\nThe allocation of stock options to Directors is as follows:\n\n\n\n\n\nName\n\n\nPosition\n\n\nNew options issued\n\n\nTotal options held on issue of new options\n\n\n\n\nSean Finlay\n\n\nChairman\n\n\n650,000\n\n\n650,000\n\n\n\n\nChristopher Eadie\n\n\nCEO\n\n\n2,000,000\n\n\n2,000,000\n\n\n\n\nMark Jones\n\n\nDirector\n\n\n650,000\n\n\n650,000\n\n\n\n\nHaresh Kanabar\n\n\nDirector\n\n\n650,000\n\n\n650,000\n\n\n\n\n \nContact details:\n \n\n\n\n\nAurum Mining plc\n\n\nTel: 020 7499 4000\n\n\n\n\nChris Eadie, Chief Executive Officer\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nFairfax I.S. PLC\n\n\nTel: 020 7598 5368\n\n\n\n\nEwan Leggat / Laura Littley\n\n\n \n\n\n\n\n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RDSPGUGCCUPGUMM \n ","length":9704,"tagName":"div"}]