18th Feb 2011 11:29
Patagonia Gold PLC
("Patagonia Gold" or "the Company")
Grant of options
On 10 February 2011 the Company's Remuneration Committee agreed to grant options over 5,500,000 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:
Director | Options granted | Options held following this notification |
Carlos Miguens | 2,000,000 | 11,100,000 |
William Humphries | 2,000,000 | 11,100,000 |
Sir John Craven | 1,500,000 | 5,000,000 |
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 50p per Ordinary Share.
Enquiries:
Bill Humphries/Richard Prickett
Patagonia Gold Plc
Tel: +44(0)20 7409 7444
Simon Raggett / Angela Peace
Strand Hanson Limited
Tel: +44(0)20 7409 3494
Related Shares:
Patagonia Gold