20th Feb 2012 07:00
Patagonia Gold PLC
("Patagonia Gold" or "the Company")
Grant of Options
On 31 January 2012 the Company's Remuneration Committee agreed to grant options over 4,000,000 ordinary shares of 1p each ("Ordinary Share") to certain Directors under the Company's share option arrangements.
The following grants of options to Directors were made:
Name | Existing Options | New Issue | Total |
Carlos Miguens | 12,000,000 | 2,000,000 | 14,000,000 |
William Humphries | 12,000,000 | 2,000,000 | 14,000,000 |
The options are exercisable (in whole or in part) at any time up to the tenth anniversary of the date of grant and are exercisable at a price of 42.5p per Ordinary Share.
Enquiries:
Bill Humphries/ Phil Yee/ Nigel Everest
Patagonia Gold Plc
Tel: +44(0)20 7409 7444
Angela Peace
Strand Hanson Limited
Tel: +44(0)20 7409 3494
Related Shares:
Patagonia Gold