Issue of options

19 Oct 2009 18:08



19 October 2009

For immediate release

Lombard Risk Management plc

('LRM' or the 'Company')

Issue of options

Lombard Risk Management plc announces that on 19 October 2009, the remuneration committee of LRM awarded 2,500,000 options to subscribe for new ordinary shares at an exercise price of 6.0p per ordinary share to Keith Butcher, Finance director of the Company. Of these options, 2,400,000 options over new shares were awarded under the Company's established 2004 EMI scheme and 100,000 options over new shares were awarded under the Company's established unapproved 2004 share option scheme. 

-ends-

Enquiries:

Lombard Risk Management plc

John Wisbey, Chairman & CEO

Tel: 020 7089 3700

E: john.wisbey@lombardrisk.com

Noble & Company Limited

Brian Stockbridge, Associate Director

Tel: 020 7763 2200

City Profile 

William Attwell

Tel: 020 7448 3244