23rd Apr 2007 08:01
Albidon Limited23 April 2007 Level 1 62 Colin St West Perth 6005ALBIDON LTD Western Australia ARBN 107 288 755 Tel: +61 8 9211 4600 Fax: +61 8 9211 4699 Email: [email protected] ASX Code: ALB AIM Code: ALD Market release via electronic lodgement DIRECTOR AND KEY PERSONNEL INCENTIVE OPTIONS The Board has resolved, subject to shareholder approval, to issue incentiveoptions to two new Directors as detailed below. The Board has also resolved to issue 500,000 options to key personnel. Role Options Exercise $ AUD ExpiryPaul Chapman - Executive Director 200,000 2.60 20/5/2010Valentine Chitalu - Non Executive Director 200,000 2.60 20/5/2010Key Personnel 500,000 2.60 20/5/2010 The options will be subject to vesting conditions that include a minimum periodof service. By order of the BoardAlbidon Limited If you have any queries please contact the Chief Financial Officer, Nicholas Dayor Managing Director, Dale Rogers on +61 8 9211 4600 or email [email protected]. Additional information may also be viewed on Albidon's website atwww.albidon.com Albidon's nominated adviser is RFC Corporate Finance Ltd, contact Stephen Allen+61 8 94802500. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ALD.L