18th Jun 2010 13:21
Patagonia Gold PLC
("Patagonia Gold" or "the Company")
Grant of options
On 17 June 2010 the Company's Remuneration Committee granted options over 5,350,000 ordinary shares of 1p each ("Ordinary Share") to certain Directors and employees 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 |
1,100,000 |
9,100,000 |
|
William Humphries |
1,100,000 |
9,100,000 |
|
Richard Prickett |
825,000 |
6,825,000 |
|
Marc Sale |
825,000 |
6,825,000 |
|
Sir John Craven |
500,000 |
3,500,000 |
|
Gonzalo Tanoira |
500,000 |
3,500,000 |
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 15p 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