8th May 2008 14:23
Midas Capital PLC08 May 2008 Midas Capital PLC ("the Company") Date: 8th May 2008 Subject: Midas Investment Group announces initial award under its Long Term Incentive Plan Midas Capital plc ("Midas") announces that an award of options was granted underthe Midas Capital plc Long Term Incentive Plan ("LTIP plan"). The LTIP plan, known as the iimia Investment Group plc LTIP, was approved bythe shareholders of the Company at the extraordinary general meeting on 27September 2006. The follow award was made to an Executive Director of Midas: Name of Executive Director Number of Shares over which Initial Award is made Scott Campbell 42,856 The extent to which any of these options may be exercised is dependent upon theperformance of Midas over the measurement period, as defined under the LTIPplan. Following the end of the measurement period, the Shares that have vestedunder an option may be acquired by the option holder for an option exerciseprice of £1 in accordance with the rules of the LTIP plan. For further information please contact: Colin Rutherford, Chairman, Midas Capital plc 0131 659 7775 Roland Cross, Broadgate 020 7726 6111 Midas Capital plc website www.midascapitalplc.com END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MGR.L