RNS22 Mar 2019 15:04
Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, announces the grant of the following performance share options to Mr Clive Latcham, Non-Executive Director, and Mr Michael Sawyer, Exploration Manager, following their recent appointments to the Company.
Director
Position
Number of Options
Exercise Price
Expiry Date
Clive Latcham
Non-Executive Director
10,000,000
2.5p
21 Mar 2023
Michael Sawyer
Exploration Manager
10,000,000
2.5p
21 Mar 2023
Each option has a 12 month vesting period and entitles the holder upon exercise to one ordinary share of 0.1 pence in the capital of the Company ("Ordinary Shares"). All options have a life of three years from the vesting date. All options will vest immediately upon a change of control event.