Herencia Resources PLC
05 April 2007
5 April 2007
Herencia Resources plc
("Herencia" or the "Company")
Issue of Options
The Company announces that on 2 April 2007 it approved the issue of 2,400,000
options to subscribe for ordinary shares of 0.1p each, in the share capital of
the Company (the "Options") to Michael Bohm, a director of the Company.
The Options can be exercised as follows:
* 800,000 options are exercisable any time from the date of issue, at a
price of 1.5p per share;
* A further 800,000 options can be exercised any time after 19 June 2007, at
a price of 3p per share;
* The remaining 800,000 options are exercisable any time after 19 June 2008,
at a price of 4p per share.
The Options shall lapse if not exercised prior to 5pm on 31 August 2010.
The Options will not be admitted to trading on AIM.
Following the issue of options Michael holds, in total, 2,400,000 options in the
Company and also 450,000 ordinary shares of 0.1p each in the Company.
For more information please contact:
David Youngman, WH Ireland +44 161 832 2174
Michael Bohm, Herencia Resources plc +61 8 9221 7466
Further background details on the Company can be found at
This information is provided by RNS
The company news service from the London Stock Exchange