Grant of Share Options
(Thomson Reuters ONE) -
01 August 2011
African Eagle Resources plc
GRANT OF SHARE OPTIONS
African Eagle Resources plc ("African Eagle" or "the Company", ticker AIM: AFE,
AltX: AEA) announces that on 29 July 2011 it granted 4,996,000 share options to
employees under the Company's two share option incentive schemes. The exercise
price is 10 pence, being 19.3% above the closing price of the Company's shares
on 29 July 2011. None of the options were granted to directors.
Under the rules of the schemes, options may not normally be exercised before the
first anniversary of the date of grant and may not in any event be exercised
later than the fifth anniversary of the date of grant. The new share options
will become exercisable after 29 July 2012 and will expire on 29 July 2016.
A total of 24,767,000 share options are now outstanding in the two schemes,
equivalent to 6.05% of the Company's shares in issue. The total number of
options outstanding under the rules of the schemes cannot exceed 10% of the
number of shares in issue.
For further information please see the Company's web site at
www.africaneagle.co.uk or contact one of the following:
African Eagle Resources plc
+44 20 7248 6059
Bevan Metcalf
+44 78 0277 6226
Sandra Spencer
+44 77 5766 0798
Canaccord Genuity Limited
Andrew Chubb
Bhavesh Patel
+44 20 7050 6500
Ocean Equities Limited
Guy Wilkes
+44 20 7786 4370
Russell & Associates, Johannesburg
Charmane Russell
Marion Brower
+27 11 8803924
+27 82 8928052
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: African Eagle Resources PLC via Thomson Reuters ONE
[HUG#1535261]
Unternehmensinformation / Kurzprofil:
Datum: 01.08.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 56875
Anzahl Zeichen: 2385
contact information:
Town:
London,
Kategorie:
Business News
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