Directors Granted Options (8719V)
January 19 2012 - 10:44AM
UK Regulatory
TIDMZOX
RNS Number : 8719V
ZincOx Resources PLC
19 January 2012
19 January 2012
ZincOx Resources plc
("ZincOx" or the "Company")
Directors Granted Options
The Company announces that on 18 January 2012, the directors of
the Company were granted options to subscribe for ordinary shares
of 25 pence each in the Company at a subscription price of 56 pence
per ordinary share. The number of ordinary shares under option
granted to each director is as follows:
Name of Director Company Share Executive Performance Total held
Option Plan Share Option Share Plan (PSP)
Plan
------------------ -------------- -------------- ------------------ -----------
Andrew Woollett 53,571 - 265,307 1,221,350
------------------ -------------- -------------- ------------------ -----------
Simon Hall 53,571 - 178,642 734,653
------------------ -------------- -------------- ------------------ -----------
Jacques Dewalens - 214,436 - 464,168
------------------ -------------- -------------- ------------------ -----------
All options granted are subject to a three year vesting period
and the satisfaction of a performance condition before they can be
exercised.
A total of 2,673,835 options and PSPs were granted under the
above schemes. Following their grant the total number of options
and PSPs in issue are 8,234,341, representing 10% of the issued
share capital.
For more information please contact:
ZincOx Resources plc Tel: +44 (0)1276 450 100
Peel Hunt LLP (Nominated Adviser and Joint Tel: +44 (0)20 7418 8900
Broker)
Richard Kauffer
Daniel Harris
finnCap Limited (Joint Broker) Tel: +44 (0)20 7220 0500
Matthew Robinson
Joanna Weaving
Tavistock Communications Tel: +44 (0)20 7920 3150
Paul Youens
Simon Hudson
Lydia Eades
This information is provided by RNS
The company news service from the London Stock Exchange
END
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