17th Mar 2008 07:00
Albidon Limited17 March 2008 LEVEL 1 62 COLIN ST WEST PERTH 6005 WESTERN AUSTRALIA ARBN 107 288 755 ALBIDON LIMITED TEL: +61 8 9211 4600 FAX: +61 8 9211 4699 EMAIL: [email protected] ASX CODE: ALB AIM CODE: ALD 17 March 2008 Market release via electronic lodgement ISSUE OF INCENTIVE OPTIONS The Board has resolved, subject to shareholder approval, to issue 300,000incentive options to Mr John Shaw (Deputy Chairman) as follows: Role Options Exercise Expiry $ AUDJohn Shaw (Deputy Chairman) 300,000 3.47 30/6/2011 The options are subject to vesting conditions that include a minimum period ofservice. The exercise price is calculated on the volume weighted average shareprice for February 2008, plus a 5% premium. By order of the Board Albidon Limited If you have any queries, please contact the Chief Financial Officer, NicholasDay on +61 8 9211 4600 or email [email protected]. Albidon's nominated adviser is RFC Corporate Finance Ltd, contact Stephen Allen+61 8 9480-2500. Additional information may also be viewed on Albidon's website atwww.albidon.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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