25th Sep 2006 11:21
China Real Estate Opportunities SA 25 September 2006 China Real Estate Opportunities S.A. Grant of share options 25 September 2006 The Directors announce that options have been conditionally granted over 920,000ordinary shares in the Company, equivalent to 5 per cent. of its current issuedshare capital. The options, which were granted on 1 February 2006, are notexercisable before 1 February 2008, and their exercise is conditional, interalia, on the Company having made an acquisition or acquisitions with a grossvalue of £100 million or more. The options, exercisable at €1.25 per share being the price at which ordinaryshares were issued when the Company was launched in December, 2005, were grantedto the directors of the Company and others involved in the day to day activitiesof the Company in China. The number of options granted to directors of theCompany is as follows: Ray Horney, Guy Leech and Rory Williams: 75,000 eachRichard Barrett: 365,000 Enquiries: Ray Horney 01273 775225Chairman Simon Rothschild 020 7367 8888Bankside Consultants Limited This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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