1 Jul 2013 11:22
Landore Resources Limited
("Landore" or "the Company")
Grant of Options
On 20 June 2013 the Company's Remuneration Committee recommended the grant of options over 7,000,000 ordinary shares of 1p each (each an "Ordinary Share") to certain Directors under stand alone option deeds. These were then approved by the board on the same date.
The following option grants to Directors have therefore been made today:
Director | Options granted | Options held following this notification |
William Humphries | 4,500,000 | 15,000,000 |
Richard Prickett | 2,000,000 | 9,500,000 |
Charles Wilkinson | 500,000 | 1,000,000 |
The options are exercisable (in whole or in part) at any time up to the fifth anniversary of the date of grant and are exercisable at a price of 5p per Ordinary Share.
Enquiries:
Bill Humphries/Richard Prickett
Landore Resources Limited
Tel: +44(0)20 7409 7444
Angela Hallett / James Spinney
Strand Hanson Limited
Tel: +44(0)20 7409 3494
Landore (LND)