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Issue of Options

5th Jan 2012 15:55

RNS Number : 0860V
Legendary Investments PLC
05 January 2012
 



5 January 2012

Legendary Investments Plc

 

("Legendary" or the "Company")

 

Issue of Options

 

Legendary announces that on 3 January 2012 the following directors were granted options over new ordinary shares of 0.1p each in the Company ("Ordinary Shares") under the Company share option scheme:

Director

Number of Options

Exercise Price

Zafar Karim

17,000,000

0.2p

Rajesh Rai

7,000,000

0.2p

Thomas Reuner

11,000,000

0.2p

 

The options vest immediately and have a ten year life.

 

Following the grant, the options under the Company share option scheme held by the directors are as follows:

 

Director

Number of Options

Exercise Price

Zafar Karim

72,000,000

0.2p

Rajesh Rai

32,000,000

0.2p

Thomas Reuner

5,000,000

11,000,000

0.35p

0.2p

 

 In addition to the above, Zafar Karim also holds 3,000,000 Ordinary Shares in the Company.

 

Contact:

Legendary Investments Plc

Zafar Karim/ Rajesh Rai / Thomas Reuner

020 8201 3536

Grant Thornton Corporate Finance

 

Colin Aaronson/ Melanie Frean

 

020 7383 5100

 Simple Investments

Nick Emerson/ Andrew Thacker

01483 413500

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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