10 Dec 2008 07:00

Tertiary Minerals plc (or the "Company")
Grant of Warrants
10 December 2008
Tertiary MineralsĀ plcĀ announcesĀ todayĀ that it has grantedĀ 2,900,000Ā warrantsĀ onĀ 9 December 2008Ā at an exercise price of 2.375p to employees and directors of theĀ Company. The grants includedĀ the following directors:Ā
|
Name |
Number of warrants granted |
|
Patrick Cheetham (Executive Chairman) |
1,500,000 |
|
David Whitehead (Non-executive Director) |
300,000 |
|
Donald McAlister (Non-executive Director) |
300,000 |
TheĀ warrantsĀ are not exercisable untilĀ the first anniversary of the date of grant and may not in any event be exercised later than theĀ fifthĀ anniversary of the date of grant.
Enquiries:
Patrick Cheetham Tertiary Minerals plc 01625 626203
Jonathan Wright SeymourĀ Pierce Ltd 020 7107 8000
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