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5 Apr 2013 09:10
5 April 2013
CHL: AIM
CHURCHILL MINING PLC
("Churchill" or "the Company")
Issue of options
Churchill Mining plc (AIM: CHL), ("Churchill" or the "Company") announces that it has granted 5,400,000 incentive share options to directors, executive management and consultants ("New Options").
The New Options which vest after 12 months of service from 21 March 2013 are exercisable at a price of 28p per share and expire 5 years from the date of issue. As part of the New Options, 3,400,000 have been granted to the following Directors of the Company.
Name | New Options granted |
David Quinlivan | 1,000,000 |
John Nagulendran | 800,000 |
Gregory Radke | 800,000 |
Nicholas Smith | 800,000 |
END
For further information, please contact:
Churchill Mining plc Russell Hardwick Nicholas Smith + 61 8 6382 3737 | Northland Capital Partners Limited Luke Cairns/Edward Hutton +44(0)20 7796 8800 |
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