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New Share Option Scheme and Grant of Options

29th Dec 2016 07:00

RNS Number : 9028S
Concha plc
29 December 2016
 

Concha PLC

Miscellaneous - New Grant of Options

 

Concha PLC("Concha" or the "Company")

New Share Option Scheme and Grant of Options

 

Concha PLC (AIM: CHA), announces that its Remuneration Committee has authorised the grant of options over 30,000,000 new Ordinary Shares at an exercise price of 1.18p per Ordinary Share under the Concha PLC 2016 Unapproved Share Option Incentive Scheme ("the Scheme") to Russell Backhouse, a director of the Company.

 

Given that the Company has satisfied the performance obligations of the Scheme, these options, which are effective today, can be exercised at any time and lapse a maximum of three years after the date of grant.

 

For further information, please contact:

 

Concha PLC

Chris Akers, Executive Chairman

[email protected]

SPARK Advisory Partners Limited (Nominated Advisor)

Sean Wyndham-Quin/Mark Brady

+44 (0)20 3368 3550

 

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