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4 Apr 2013 10:59
AIM: EME
TSX: EMD
04 April, 2013
EMED Mining Public Limited
("EMED Mining" or the "Company")
Exercise of Options
On 25 March 2013, EMED Mining announced that it had agreed to vary the terms of certain option agreements to extend the final exercise date to a date not exceeding 10 business days following the Company ceasing to be in a close period. EMED is pleased to report that it has been notified by the directors listed below of their current intention to exercise the options held by them (or their associated companies) under the amended agreements once the Company is no longer in a close period under the AIM Rules for Companies and to retain the resulting ordinary shares following exercise. Details of the relevant directors and the options in which they are interested are set out below:
Number of ordinary shares subject to option |
Issue date | Exercise price per share (GBP) | |
Ronnie Beevor | 1,000,000 | 23 March 2009 | 4.13 pence |
Harry Adams | 2,000,000 | 23 March 2009 | 4.13 pence |
John Leach | 1,500,000 | 23 March 2009 | 4.13 pence |
Ashwath Mehra | 500,000 | 23 March 2009 | 4.13 pence |
Enquiries
EMED Mining | Harry Anagnostaras-Adams | +357 9945 7843 |
RFC Ambrian | Stuart Laing | +61 8 9480 2500 |
Fox-Davies Capital | Simon Leathers/Susan Walker | +44 203 463 5022 |
Bishopsgate Communications | Nick Rome | +44 207 562 3350 |
Proconsul Capital | Andreas Curkovic | +1 416 577 9927 |
For further information on the Company's activities, visit www.emed-mining.com
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