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Legendary Invest PLC (LEG)

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Tuesday 05 August, 2014

Legendary Invest PLC

Issue of Options

RNS Number : 2791O
Legendary Investments PLC
05 August 2014
 



5 August 2014

Legendary Investments Plc
("Legendary" or the "Company")

Issue of Options

Legendary announces that on 4 August 2014 the following directors were granted options over new ordinary shares of 0.1p each in the Company ("Ordinary Shares") under the Company share option scheme:

 

Director

Number of Options

Exercise Price

Zafar Karim

75,000,000

0.2p

Thomas Reuner

25,000,000

0.2p

 

The options vest immediately and have a ten year life.

 

Following the grant, the options under the Company share option scheme held by the directors are as follows:

 

Director

Number of Options

Exercise Price

Zafar Karim

316,000,000

0.2p

Thomas Reuner

5,000,000

97,000,000

0.35p

0.2p

 

In addition to the above, Zafar Karim and Thomas Reuner hold 55,727,273 and 10,000,000, Ordinary Shares in the Company, respectively.

-      Ends-

For further information, please contact:

Legendary Investments Plc

Zafar Karim / Thomas Reuner

 

020 8201 3536

Grant Thornton UK LLP

 

Colin Aaronson/ Melanie Frean / Jen Clarke

020 7383 5100

Beaufort Securities Limited

 

Saif Janjua

020 7382 8300

SI Capital                

 

Nick Emerson/ Andrew Thacker

01483 413500

 

About Legendary Investments Plc

Legendary Investments Plc is a proactive investment company that focuses on making investments in and assisting companies which exhibit the potential to generate returns of many multiples through capital appreciation.  Typically, Legendary invests in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth. Examples of such sectors include technology, energy and natural resources.

For more information, visit www.leginvest.com


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