Zincox Resources Plc Regulatory News (ZOX)

3 Mar 2008 10:58

ZincOx Resources PLC03 March 2008 ZincOx Resources plc Directors Purchase Shares Grant of options The Company announces that on 29 February 2008: 1. The following directors purchased the following number of ordinary shares of 25 pence each in the Company at a price of £2.20 per share: Name of Director Shares purchased Total holding Percentage holdingAndrew Woollett 22,500 1,762,500* 3.10%Peter Wynter Bee 10,000 100,000** 0.18%Rod Beddows 47,500 47,500 0.08%Peter Fry 5,381 80,000 0.14%Peter Beck 38,332 108,332 0.19% *800,000 of the shares held by Andrew Woollett are in the name of EFG ReadsTrustees Limited **50,000 of the shares held by Peter Wynter Bee are in the name of his wife. 2. The following options to subscribe for ordinary shares of 25 pence each in the Company were granted under the Executive Share Option Scheme (the "Scheme") to the following directors of the Company, in each case at a subscription price of £2.62 per ordinary share: Andrew Woollett - 74,182 Peter Wynter Bee - 65,939 Simon Hall - 57,697 Each of the above options is exercisable, subject to the terms of the Scheme,between 1 March 2010 and 28 February 2018. A total of 780,000 options weregranted under the scheme. For more information please contact: Andrew Woollett, ZincOx Resources plcTel: +44 (0) 1276 450100John Harrison/James Black, Numis SecuritiesTel: +44 (0) 20 7260 1000 Charlie Geller/ Leesa Peters, Conduit PRTel (Direct) : +44 (0) 20 7429 6604 This information is provided by RNS The company news service from the London Stock Exchange