5 Apr 2013 09:10
5 April 2013
CHL: AIM
CHURCHILL MINING PLC
("Churchill" or "the Company")
Issue of options
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Churchill Mining plc (AIM: CHL), ("Churchill" or the "Company") announces that it has granted 5,400,000 incentive share options to directors, executive management and consultants ("New Options").
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The New Options which vest after 12 months of service from 21 March 2013 are exercisable at a price of 28p per share and expire 5 years from the date of issue. As part of the New Options, 3,400,000 have been granted to the following Directors of the Company.
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Name | New Options granted |
David Quinlivan | 1,000,000 |
John Nagulendran | 800,000 |
Gregory Radke | 800,000 |
Nicholas Smith | 800,000 |
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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 |
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