Sirius Minerals Plc Exercise of options (6980I)

TIDMSXX

RNS Number : 6980I

Sirius Minerals Plc

01 September 2016

1 September 2016

Sirius Minerals Plc

Exercise of options

Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company") announces the receipt of an exercise notice in relation to 250,000 share options granted to a former employee in August 2011.

The Company has issued and alloted 250,000 new ordinary shares of 0.25p per share at an exercise price of 16.3p per share ("Ordinary Shares"). An application has been made for the Ordinary Shares, which will rank pari passu with the Company's existing ordinary shares, to be admitted to trading on AIM with admission expected to take place at 8.00 am on 5 September 2016.

Following admission of the Ordinary Shares, the Company's enlarged issued share capital will comprise 2,313,619,115 ordinary shares with voting rights. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

 
 Sirius Minerals Plc 
  Investor Relations          Email: [e-mail]     Tel: +44 845 
                                                                   524 0247 
-------------------------  -------------------------------  --------------- 
 Joint Brokers 
  Liberum Capital Limited     Neil Elliot,                      Tel: +44 20 
  (NOMAD)                     Clayton Bush,                       3100 2222 
                              Jill Li 
 J.P. Morgan Cazenove       Ben Davies, Jamie                   Tel: +44 20 
                             Riddell                              7742 4000 
 WH Ireland                 Adrian Hadden                       Tel: +44 20 
                                                                  7220 1666 
-------------------------  -------------------------------  --------------- 
 Media Enquiries            Jos Simson, Mike                    Tel: +44 20 
  Tavistock                  Bartlett,                            7920 3150 
                             Emily Fenton 
-------------------------  -------------------------------  --------------- 
 

About Sirius Minerals Plc

Sirius Minerals is the fertilizer development company focused on the development of its North Yorkshire polyhalite project, the United Kingdom. It has the world's largest and highest grade deposit of polyhalite, a multi-nutrient form of potash containing potassium, sulphur, magnesium and calcium. Incorporated in 2003, Sirius Minerals' shares are traded on the London Stock Exchange's AIM market. Its shares are also traded in the United States on the OTCQX through a sponsored ADR facility. Further information on the Company can be found at: www.siriusminerals.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 01, 2016 05:41 ET (09:41 GMT)