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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Amedeo Res | LSE:AMED | London | Ordinary Share | GB00BZ0XVY42 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.50 | 2.00 | 5.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAMED
RNS Number : 4349H
Amedeo Resources PLC
13 March 2015
13 March 2015
Amedeo Resources Plc
("the Company")
Issue of Warrants and Directors' Dealings
The Company announces that on 12 March the Company granted warrants to subscribe for new ordinary shares of 0.01p in the Company ("Ordinary Shares") to Mr Glen Lau, CEO of the Company, as set out below ("Warrants").
Number of Warrants Exercise Expiration Date Price ------------------- --------- ---------------- 260,721,118 1.0p 11 March 2025 ------------------- --------- ----------------
The Warrants have time and share price performance vesting conditions.
In addition to the 25,000,000 warrants held by Fulton Capital Management Limited, a company of which Mr Lau is a director, the new grant takes Mr Lau's warrant position to 285,721,118 warrants, representing 7.5% of the fully diluted outstanding ordinary shares of the Company.
The Company's policy is to align directors' interests with those of shareholders by remunerating primarily with performance related equity instruments while keeping cash remuneration low.
ENDS
For further information please visit www.amedeoresources.com or contact:
Enquiries:
Glen Lau Zafar Karim Chief Executive Officer Executive Director Amedeo Resources Plc Amedeo Resources Plc Tel office: +44 20 7583 8304 Tel office: +44 20 7583 8304 Paul Shackleton /Andrew Kitchingman Saif Janjua Nominated Adviser & Broker Joint Broker WH Ireland Beaufort Securities Limited Tel office: +44 113 394 6600 Tel office: +44 20 7382 8300
Notes
Amedeo Resources plc is an investment company whose policy is to invest principally, but not exclusively, in the resources and resources infrastructure and asset sectors. Amedeo has a deep and broad global network and wide contact base in these sectors, including in East and South East Asia and the Middle East which it leverages to source and make investments. These sectors exhibit high growth and are strategically important. Amedeo is a proactive investor which assists its investee companies to grow by providing investment, expertise and contacts.
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSUOUVRVUAOAAR
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