MMS.L Regulatory News (MMS)

18 Apr 2008 13:26

Maghreb Minerals PLC18 April 2008 Maghreb Minerals Plc ("the Company") Share Options The Board of the Company ratified the issue of 2,600,000 new share options on 17April 2008 at a vesting price of 3.75 pence per share, being the market value at31 March 2008. In terms of the Employee Unapproved Share Option Plan, the newshare options will vest in three equal instalments, the first instalment vestingin April 2009. Following the issue of the new share options, the number of share options heldby Ms R M Storer remains at 800,000. The share options held by Mr G P Riddlerhas increased from 1,200,000 to 2,000,000 and the share options held by R J CCollier has increased from 1,200,000 to 2,500,000. An additional 500,000 shareoptions have been allocated to key employees of the Group. The total number of options outstanding is now 6,100,000 being 6.7% of thecurrent issued share capital. By order of the Board EJ Hywood Company Secretary ENQUIRIES: Maghreb Minerals Plc Tel: +44 (0) 207 556 0940 Gordon Riddler, Chairman Hanson Westhouse Limited Tel: +44 (0) 207601 6100 Tim Metcalfe / Ed Burbidge Bankside Consultants Tel: +44 (0) 207367 8888 Michael Padley / Michael Spriggs This information is provided by RNS The company news service from the London Stock Exchange