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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Zincox Res. | LSE:ZOX | London | Ordinary Share | GB0031124638 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.45 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMZOX
RNS Number : 7346Y
ZincOx Resources PLC
29 January 2014
29 January 2014
ZincOx Resources plc
("ZincOx" or the "Company")
Options Granted
ZincOx Resources plc (AIM: ZOX), the developer of Asia's largest zinc recycling project, announces that on 28 January 2014 the directors of the Company had been granted options to subscribe for ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a subscription price of 24.50 pence per Ordinary Share. The number of ordinary shares under option and performance share plan awards ("PSPs") granted to each director are as follows:
Name of Director Company Share Executive Performance Total held Option Plan Share Option Share Plan (PSP) following Plan grant ------------------ -------------- -------------- ------------------ ----------- Andrew Woollett 122,440 3,877,560 4,515,854 ------------------ -------------- -------------- ------------------ ----------- Simon Hall 122,440 1,277,560 1,731,318 ------------------ -------------- -------------- ------------------ ----------- Jacques Dewalens 1,400,000 1,500,000 ------------------ -------------- -------------- ------------------ -----------
All options granted are subject to a three year vesting period and the satisfaction of a performance condition before they can be exercised.
A total of 10,400,000 options and PSPs were granted under the above schemes, representing 7.67% of the issued share capital. The total number of options and PSPs in issue, following the grant, are 12,993,874, representing approximately 9.58% of the issued share capital.
The Remuneration Committee of the Board considers that the award of these options is in line with the Company's policy of providing incentives to its senior management as part of its objective of becoming a major zinc recycling company.
For more information please contact:
ZincOx Resources plc Tel: +44 (0) 1276 45 0100 Andrew Woollett, Executive Chairman Peel Hunt LLP (Nominated Adviser and Joint Tel: +44 (0) 207 418 8900 Broker) Richard Kauffer Daniel Harris Matthew Brooke-Hitching finnCap Limited (Joint Broker) Tel: +44 (0) 207 220 0500 Matthew Robinson Joanna Weaving Tavistock Communications (Financial PR) Tel: +44 (0) 207 920 3150 Simon Hudson Nuala Gallagher
This information is provided by RNS
The company news service from the London Stock Exchange
END
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