22nd Aug 2007 08:26
Albidon Limited22 August 2007 Level 1 62 Colin St West Perth 6005ALBIDON LTD Western Australia ARBN 107 288 755 Tel: +61 8 9211 4600 Fax: +61 8 9211 4699 Email:info@albidon.com ASX Code: ALB AIM Code: ALD 22 August 2007 Market release via electronic lodgement ISSUE OF INCENTIVE OPTIONS The Company resolved today to issue to management 600,000 Options exercisable at$2.23 expiring on or before 1 September 2010. The Options vest over a three year period subject to continuing service to theCompany. The exercise price is based on a 5% premium to the market close priceon the day of appointment. The issue of these options preserves the cash resources of the Company and atthe same time provides an added incentive for key personnel. If you have any queries please contact the Chief Financial Officer, Nicholas Dayor the Managing Director, Dale Rogers on +61 8 9211 4600 or emailnickd@albidon.com. Albidon's nominated adviser is RFC Corporate Finance Ltd, contact Stephen Allen+61 8 94802500. 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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