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Grant of Warrants

10 Dec 2008 07:00

RNS Number : 8346J
Tertiary Minerals PLC
10 December 2008
 



Tertiary Minerals plc (or the "Company")

Grant of Warrants

10 December 2008

Tertiary Minerals plc announces today that it has granted 2,900,000 warrants on 9 December 2008 at an exercise price of 2.375p to employees and directors of the Company. The grants included the following directors

Name

Number of warrants granted

Patrick Cheetham (Executive Chairman)

1,500,000

David Whitehead (Non-executive Director)

300,000

Donald McAlister (Non-executive Director)

300,000

The warrants are not exercisable until the first anniversary of the date of grant and may not in any event be exercised later than the fifth anniversary of the date of grant.

Enquiries:

Patrick Cheetham Tertiary Minerals plc 01625 626203

Jonathan Wright Seymour Pierce Ltd 020 7107 8000

This information is provided by RNS
The company news service from the London Stock Exchange
 
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