Last checked at 29 Oct 2012 08:13
29 October 2012
CHL: AIM
CHURCHILL MINING PLC
("Churchill" or "the Company")
Issue of options
Churchill Mining plc (AIM: CHL), ("Churchill" or the "Company") announces that it has granted 1,500,000 incentive share options to directors and management ("New Options").
The New Options which vest immediately are exercisable at a price of 50p per share and expire 5 years from the date of issue. As part of the New Options, 1,250,000 have been granted to the following Directors of the Company.
Name | New Options granted |
Nicholas Smith | 1,000,000 |
John Nagulendran | 250,000 |
END
For further information, please contact:
Churchill Mining plc Russell Hardwick Nicholas Smith + 61 8 6382 3737 | Northland Capital Partners Limited Luke Cairns/Edward Hutton +44(0)20 7796 8800 | Tavistock Communications Jessica Fontaine / Jos Simson +44(0)20 7920 3150 |