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Issue of Options

27th Dec 2012 10:00

RNS Number : 3614U
Legendary Investments PLC
27 December 2012
 



27 December 2012

Legendary Investments Plc

 

("Legendary" or the "Company")

 

Issue of Options

 

Legendary announces that on 24 December 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

34,000,000

0.2p

Thomas Reuner

16,000,000

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

106,000,000

0.2p

Thomas Reuner

5,000,000

27,000,000

0.35p

0.2p

 

In addition to the above, Zafar Karim and Thomas Reuner hold 13,000,000 and 10,000,000, Ordinary Shares in the Company, respectively.

 

Contact:

Legendary Investments Plc

Zafar Karim / Thomas Reuner

 

020 8201 3536

Grant Thornton Corporate Finance

 

Colin Aaronson/ Melanie Frean/Jen Clarke

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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