2nd Jun 2006 15:00
BB Holdings Ltd02 June 2006 BB HOLDINGS LIMITED ANNOUNCES GRANTING OF OPTIONS Belize City, Belize, 2 June 2006 - BB Holdings Limited (London: BBHL) (the "Company") hereby notifies that on 31 May 2006, Philip Johnson, the ChiefExecutive of the Financial Services division of the Company, was granted optionsover 2,000,000 ordinary shares of the Company at an exercise price of US $6.50per share (the "Options"). The Options were granted under the Company's Long-Term Incentive Plan and vestin two tranches as to 500,000 in number on or after 28 February 2010 and1,500,000 on or after 15 March 2011. Forward Looking Statements Certain statements in this press release may constitute 'forward lookingstatements' within the meaning of the United States Private SecuritiesLitigation Reform Act of 1995. In particular, statements contained hereinregarding the consummation and benefits of future acquisitions, as well asexpectations with respect to future revenues, operating efficiencies, net incomeand business expansion, are subject to known and unknown risks, uncertaintiesand contingencies, many of which are beyond the control of the Company, whichmay cause actual results, performance or achievements to differ materially fromanticipated results, performance or achievements. Factors that might affect suchforward looking statements include among others, overall economic and businessconditions, the demand for the Company's services, competitive factors,regulatory approvals and the uncertainty of consummation of future acquisitions.Additional factors which may affect the Company's businesses and performance areset forth in submissions by the Company with the United States Securities andExchange Commission (the 'SEC'), which are available without charge from the SECat www.sec.gov. For further information contact: BB Holdings Makinson CowellBelize: +501 227 7178 +1 (212) 994 9044UK: +44 (0)20 7248 6700 Note: This and other press releases are available at the Company's web site:http://www.bbholdingslimited.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CIHL.L