Grant of Options to Directors

RNS Number : 0286H

Egdon Resources PLC

14 May 2014

 



14 May 2014

EGDON RESOURCES PLC

("Egdon" or "the Company")

Grant of Options to Directors

Egdon Resources plc (AIM:EDR)announces that as part of its annual salary and incentive review it has granted options to the following Directors under the terms of the Company's Enterprise Management Investment Option Scheme.

Director	Number of Options Granted	Exercise Price (pence)	Vesting Date	Exercisable Until
Mark Abbott	339,476	20.62	13 May 2014	30 April 2022
Jerry Field	290,979	20.62	13 May 2014	30 April 2022

Following the grant of the options, which were effective at 13 May 2014, the interests of the Directors in the share capital of the Company are as follows:

Director	Total number of Options held over Ordinary Shares	Number of Ordinary Shares held
Mark Abbott	1,582,154	7,563,824
Jerry Field	1,672,875	0

For further information please contact:

Egdon Resources plc Mark Abbott, Jerry Field	01256 702292
Buchanan Richard Darby, Gabriella Clinkard,	020 7466 5000
Nominated Adviser and Broker - Cantor Fitzgerald Europe David Porter, Tom Sheldon (Corporate Finance) Richard Redmayne (Corporate Broking)	020 7894 7000
Joint Broker - VSA Capital Limited Andrew Monk, (Corporate Broking) Andrew Raca (Corporate Finance)	020 3005 5000

 

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