2 Apr 2015 07:20
2 April 2015
AIM: CHL
CHURCHILL MINING PLC
("Churchill" or "the Company")
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Grant of options
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Churchill Mining plc (AIM: CHL), ("Churchill" or the "Company") announces that it has granted 5,000,000 incentive share options to directors, consultants and management ("New Options").
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The New Options which vest after 12 months of service are exercisable at a price of 25p per share and expire 5 years from the date of issue. As part of the New Options, 3,100,000 have been granted to the following Directors of the Company.
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Name | New Options granted | Total Options held |
David Quinlivan | 1,300,000 | 4,150,000 |
Nicholas Smith | 600,000 | 2,975,000 |
Gregory Radke | 400,000 | 2,575,000 |
Fara Luwia | 400,000 | 1,350,000 |
Nikita Rossinsky | 400,000 | 400,000 |
Total | 3,100,000 | 11,450,000 |
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END
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For further information, please contact:
Churchill Mining plc David Quinlivan Nicholas Smith Russell Hardwick + 61 8 6382 3737 | Northland Capital Partners Limited Edward Hutton/William Vandyk +44(0)20 7382 1100 | Β Β |
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