BRL Blackthorn

3.375

0.00 (0.00%)

22 Jul 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Blackthorn	LSE:BRL	London	Ordinary Share	AU000000BTR5	ORD NPV

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	3.375						0.00	01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Brierley Investments - Re Proposed Issue of Options

19/07/1999 3:24pm

UK Regulatory

RNS No 6069j
BRIERLEY INVESTMENTS LIMITED
16 July 1999


PROPOSED ISSUE OF OPTIONS 

At the 1999 annual meeting, shareholders will be requested to approve the issue
to Sir Selwyn Cushing, the Chairman and current Chief Executive Officer of the
Company, of 15 million options over ordinary shares.

The proposed issue was agreed with Sir Selwyn in late 1998 when his appointment
to the Board and Chairmanship were under discussion.

The proposed exercise price is $0.45 cents, which is in the range of the BIL
share price at that time.

The options will be divided into two equal tranches. The first tranche will not
be exercisable prior to July 2000, and the second prior to July 2001.

Unexercised options will lapse on the holder ceasing to be a director and in any
event on 1 November 2004.

M B Horton
Company Secretary


END

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