5 Nov 2008 12:21
RNS Number : 5056H
Landore Resources Limited
05 November 2008
Landore Resources Limited
("Landore" or "the Company")
Grant of Options
Landore announces that yesterday the remuneration committee of the Company approved the grant of options over 4,500,000 ordinary shares of 1p each in the Company ("Ordinary Shares") to Directors, pursuant to the Company's Share Option Scheme. The options were granted as follows:
| Director | Options granted | Options held following this notification |
| William Humphries | 3,000,000 | 8,000,000 |
| Richard Prickett | 1,500,000 | 5,100,000 |
The options are exercisable (in whole or in part) at any time up to the 5th anniversary of the date of grant and are exercisable at a price of 12p per share.
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Landore (LND)