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Director/PDMR Shareholding

31st Mar 2015 16:37

RNS Number : 0602J
ATLAS Mara Limited
31 March 2015
 



Director/PDMR Shareholding: Grant of Share Options

Atlas Mara Limited ("Atlas Mara" or the "Company") announces that on 26 March 2015 the Company granted options over, in aggregate, a total of 600,000 ordinary shares to its Chief Executive Officer, John Vitalo and Brad Gibbs, subject to the terms of the Company's Global Share Option Plan as follows:

Name of Director/PDMR

Number of options

John Vitalo

500,000

Bradford Gibbs

100,000

 

All such options are exercisable at an exercise price of US$7.18 per ordinary share, being the share price as at close on 25 March 2015, with one third vesting on the first anniversary of the date of grant, one third on the second anniversary of the date of grant and one third on the third anniversary of the date of grant. Once vested, all options are normally exercisable for a period of up to seven years from grant.

Following these grants, John Vitalo holds 800,000 options and Bradford Gibbs holds 175,000 options, granted under the Company's Global Share Option Plan.

In addition, the Company granted a further 416,000 options to certain other employees and consultants of the Company subject to the terms of the Global Share Option Plan or on substantially similar terms.

Contact details

Beatrice Hamza Bassey

General Counsel

Atlas Mara Limited

Telephone number +971 56 442 4089

 

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

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