RNS Number : 9998W
Polemos PLC
15 February 2017
 

 

 

15 February 2017

 

Polemos plc

("Polemos" or "the Company")

 

Issue of Options

 

Polemos, the AIM investment company, announces that it has issued the following options to Directors:

Director

Options

Exercise Price

Expiry date

Hamish Harris

50,000,000

0.045p

31 December 2018

Spencer Wilson

10,000,000

0.045p

31 December 2018

Nicholas Lee

30,000,000

0.045p

31 December 2018

Dan Maling

30,000,000

0.045p

31 December 2018

The Options vest immediately and the exercise price represents a 29% premium to the recent Placing price if 0.035p. Hamish Harris and Spencer Wilson currently hold 16,000,000 options in the Company and these will be cancelled with immediate effect.

 

-      Ends -

 

For further information, please contact:

 

Polemos plc

Hamish Harris

 

+44 (0)20 7440 0640

Beaumont Cornish Limited (Nominated Adviser and Broker)

James Biddle

Michael Cornish

 

+44 (0)20 7628 3396

Peterhouse Corporate Finance (Joint Broker)

Lucy Williams                     

 

+44 (0)20 7469 0930 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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