28th Sep 2012 07:00
28 September 2012
Sirius Minerals Plc
Issue of Options to a Director
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company"), the globally diversified potash development group, are pleased to announce that the Board has granted two tranches of share options to Chris Fraser, Managing Director and CEO of Sirius:
·; 10,000,000 options with an exercise price of 30 pence per share. These options vest on 26 September 2014 and lapse on 26 September 2017; and
·; 10,000,000 options with an exercise price of 45 pence per share. These options vest on 26 September 2015 and lapse on 26 September 2018.
These options have been granted in support of the Company's longer term development and operational objectives.
For further information, please contact:
Sirius Minerals Plc | |||
Peter McLennan(General Manager - Commercial)
| Tel: +44 8455 240 247
| Email: [email protected] | |
NOMAD/ Joint Broker | Joint Brokers | Joint Brokers | Media Enquiries |
Macquarie Capital (Europe) Limited | Liberum Capital Limited | Jefferies Hoare Govett | Pelham Bell Pottinger |
Steve Baldwin, Raj Khatri | Michael Rawlinson, Clayton Bush | Peter Bacchus, Thomas Rider | Charles Vivian, Lorna Spears |
Tel: +44 20 3037 2000 | Tel: +44 20 3100 2222 | Tel: +44 20 7029 8000 | Tel: +44 20 7861 3232 |
About Sirius Minerals Plc
Sirius Minerals is a globally diversified potash development company. Its primary focus is to bring on stream major potash mining facilities through the acquisition and development of projects overlying recognised potash deposits. Today it holds properties in the United Kingdom (North Yorkshire), the United States (North Dakota), and Australia (Queensland). Incorporated in 2003, Sirius Minerals' shares are traded on the London Stock Exchange's AIM market. Its shares are also traded in the United States on the OTCQX through a sponsored ADR facility. Further information on the Company can be found at www.siriusminerals.com.
Related Shares:
Sirius Minerals