Sign In
19 Jan 2012 15:44
19 January 2012
ZincOx Resources plc
("ZincOx" or the "Company")
Directors Granted Options
The Company announces that on 18 January 2012, the directors of the Company were granted options to subscribe for ordinary shares of 25 pence each in the Company at a subscription price of 56 pence per ordinary share. The number of ordinary shares under option granted to each director is as follows:
Name of Director | Company Share Option Plan | Executive Share Option Plan | Performance Share Plan (PSP) | Total held |
Andrew Woollett | 53,571 | - | 265,307 | 1,221,350 |
Simon Hall | 53,571 | - | 178,642 | 734,653 |
Jacques Dewalens | - | 214,436 | - | 464,168 |
All options granted are subject to a three year vesting period and the satisfaction of a performance condition before they can be exercised.
A total of 2,673,835 options and PSPs were granted under the above schemes. Following their grant the total number of options and PSPs in issue are 8,234,341, representing 10% of the issued share capital.
For more information please contact:
ZincOx Resources plc | Tel: +44 (0)1276 450 100 |
Peel Hunt LLP (Nominated Adviser and Joint Broker) | Tel: +44 (0)20 7418 8900 |
Richard Kauffer Daniel Harris | |
finnCap Limited (Joint Broker) Matthew Robinson Joanna Weaving | Tel: +44 (0)20 7220 0500 |
Tavistock Communications | Tel: +44 (0)20 7920 3150 |
Paul Youens Simon Hudson Lydia Eades |
Follow the stocks
