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Exercise of Options by Director

31st Mar 2010 09:34

RNS Number : 4963J
Churchill Mining plc
31 March 2010
 



 

CHURCHILL MINING PLC

("Churchill" or "the Company")

Exercise of Options by Director

 

The Company was informed today that Mr David Quinlivan, Chairman of the Company, has exercised 201,140 options over ordinary shares in the Company.

 

The Options comprise 100,000 options with a strike price of GBP0.20 that expire on 15 April 2010 and 101,140 options with a strike price of GBP0.35 that expire on 18 April 2011.

 

Following this exercise David Quinlivan remains beneficially interested in 804,092 ordinary shares and the following options over ordinary shares in the Company:

 

Number of options

Option exercise price

Expiry date

650,000

35p

23 May 2011

1,200,000

12p

28 Mar 2012

450,000

75p

09 May 2013

 

 

 

Enquiries:

Churchill Mining Plc

Managing Director - Paul G. Mazak

+ 62 81510539186 /

+ 62 21 39832398

+ 61 8 6382 3737

 

[email protected]

 

Astaire Securities

Shane Gallwey/ Toby Gibbs

 

+44(0)20 7448 4400

 

 

Pelham Bell Pottinger

James MacFarlane / Charles Vivian

 

+44 (0) 20 7337 1533 or

+44 (0) 7894462114

 

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