Anglesey Mining plc LSE:AYM
30 March 2009
Grant of share options
Anglesey Mining plc announces that options to purchase ordinary
shares of 1 pence each in the company were granted to the
following directors on 27 March 2009 -
Name No. of Exercise price Total options
new options in pence held after
this grant
John Kearney 200,000 5 5,400,000
Bill Hooley 400,000 5 2,900,000
Ian Cuthbertson 300,000 5 2,400,000
David Lean 200,000 5 700,000
Howard Miller 200,000 5 1,200,000
Roger Turner 200,000 5 1,100,000
Danesh Varma 200,000 5 1,400,000
Totals 1,700,000 15,100,000
All of these options are exercisable over the period from
27 March 2010 to 27 March 2019. There is a performance
criterion to be met in respect of each of these share
options, namely that the company's share price performance
from the date of grant must exceed that of the companies
in the top quartile of the FTSE 100 index. There was no
consideration for the grant of the options.
The share options were granted under the terms of the company's 2004 Unapproved Share Option Scheme which was adopted by
shareholders at the company's annual general meeting held on 20 October 2004.
For further details:
Ian Cuthbertson, Finance Director +(44) 1248 361333