2nd Apr 2015 07:20
2 April 2015
AIM: CHL
CHURCHILL MINING PLC
("Churchill" or "the Company")
Grant of options
Churchill Mining plc (AIM: CHL), ("Churchill" or the "Company") announces that it has granted 5,000,000 incentive share options to directors, consultants and management ("New Options").
The New Options which vest after 12 months of service are exercisable at a price of 25p per share and expire 5 years from the date of issue. As part of the New Options, 3,100,000 have been granted to the following Directors of the Company.
Name | New Options granted | Total Options held |
David Quinlivan | 1,300,000 | 4,150,000 |
Nicholas Smith | 600,000 | 2,975,000 |
Gregory Radke | 400,000 | 2,575,000 |
Fara Luwia | 400,000 | 1,350,000 |
Nikita Rossinsky | 400,000 | 400,000 |
Total | 3,100,000 | 11,450,000 |
END
For further information, please contact:
Churchill Mining plc David Quinlivan Nicholas Smith Russell Hardwick + 61 8 6382 3737 | Northland Capital Partners Limited Edward Hutton/William Vandyk +44(0)20 7382 1100 |
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