15th Feb 2017 15:12
15 February 2017
Polemos plc
("Polemos" or "the Company")
Issue of Options
Polemos, the AIM investment company, announces that it has issued the following options to Directors:
Director | Options | Exercise Price | Expiry date |
Hamish Harris | 50,000,000 | 0.045p | 31 December 2018 |
Spencer Wilson | 10,000,000 | 0.045p | 31 December 2018 |
Nicholas Lee | 30,000,000 | 0.045p | 31 December 2018 |
Dan Maling | 30,000,000 | 0.045p | 31 December 2018 |
The Options vest immediately and the exercise price represents a 29% premium to the recent Placing price if 0.035p. Hamish Harris and Spencer Wilson currently hold 16,000,000 options in the Company and these will be cancelled with immediate effect.
- Ends -
For further information, please contact:
Polemos plc Hamish Harris
| +44 (0)20 7440 0640 |
Beaumont Cornish Limited (Nominated Adviser and Broker) James Biddle Michael Cornish
| +44 (0)20 7628 3396 |
Peterhouse Corporate Finance (Joint Broker) Lucy Williams
| +44 (0)20 7469 0930 |
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