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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tethyan Res | LSE:TETH | London | Ordinary Share | GB00BYVFRB16 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.00 | 2.50 | 3.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTETH
RNS Number : 4864S
Tethyan Resources PLC
21 December 2016
21 December, 2016
TETHYAN RESOURCES PLC
GRANT OF OPTIONS
Tethyan Resources PLC ("Tethyan" or the "Company"), announces that options have today been granted to certain directors, as set out below, at an exercise price of 2.4p, and exercisable up until the fifth anniversary of grant:
Name Number of options John Proust 1,000,000 Mike Andrews 1,000,000 Gokhan Kantarcigil 200,000 Christopher Goss 200,000
In addition, Fabian Baker, COO of the Company, has been awarded 1,000,000 options on the same terms as described above.
The grant of options is deemed to be a related party transaction for the purposes of Rule 13 of the AIM Rules. Peter Mullens and Didier Fohlen, being the independent directors of the Company for the purposes of the grant of options, consider, having consulted with the Company's Nominated Adviser, that the terms of the grant of options are fair and reasonable insofar as the Shareholders are concerned.
For further information please contact:
Tethyan Resources PLC +44 1534 881 885 Peter Mullens (CEO) pjm@tethyan-resources.com Cairn Financial Advisers LLP +44 (0) 207 213 0880 James Caithie / Sandy Jamieson
About Tethyan
Tethyan is an AIM quoted junior exploration company exploring for copper and gold within the Tethyan mineral belt. Tethyan has an experienced Board and technical team. Currently Tethyan holds several licences in Serbia and is looking for other copper and gold projects in Eastern Europe, specifically Serbia and Bulgaria.
This information is provided by RNS
The company news service from the London Stock Exchange
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December 21, 2016 06:12 ET (11:12 GMT)
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