Issue of Employment Options

RNS Number : 5385S

Solomon Gold PLC

19 May 2009

 



20 May, 2009

Announcement to London Stock Exchange

Grant of Share Options

On 19 May 2009, the Company granted 1,300,000 share options, for nil consideration, to the Company Secretary / CFO Mr Karl Schlobohm, over the Company's ordinary shares of 1 pence each ('Ordinary Shares'). These share options were granted pursuant to Mr Schlobohm's employment contract at an exercise price of 10 pence per Ordinary Share. The share options will vest after six (6) months, and can be exercised up to 30 April 2011.  The total number of share options (1,300,000) issued represents 1.9% of the current issued share capital.

By order of the Board

KM Schlobohm

Company Secretary

Contacts:

Mr Karl Schlobohm

Secretary

Tel: [phone] or [e-mail]

Mr Stephen Weir

RFC Corporate Finance

Nominated Advisor

Tel [phone] or [e-mail]

 

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