Grant of Options to Directors
September 29 2008 - 2:03AM
UK Regulatory
RNS Number : 4935E
Hambledon Mining PLC
29 September 2008
Hambledon Mining Plc
("Hambledon" or the "Company")
Grant of Share Options
Hambledon announces the grant today of options over a total of 9,000,000 ordinary shares of 0.1 pence each in the Company ("Ordinary
Shares") to various directors and senior management. All of the options granted pursuant to this announcement are exercisable at a price of
5.88 pence per Ordinary Share, being the mid-market closing price on 26 September 2008. These options have been issued under the Company's
existing unapproved employee share option scheme.
Details of the grant of share options to Directors are as follows:
Name Number of options Exercise price Exercise period
Neil Stevenson 3,000,000 5.88p 26 September 2010 - 25
September 2012
Baurzhan Yerkeyev 3,000,000 5.88p 26 September 2010 - 25
September 2012
The total number of Ordinary Shares under option is now 14,500,000, being 3 per cent. of the issued share capital of the Company as it
would be following the exercise of all share options.
Enquiries:
Hambledon Mining:
Telephone +44 (0)20 7233 1462
Charles Zorab
Fairfax I.S. PLC:
Telephone +44 (0)207 598 5368
Nominated Adviser and Broker
Ewan Leggat
This information is provided by RNS
The company news service from the London Stock Exchange
END
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