News Archive

21 January 2008

Grant of Options

On 15 January, 2008, options to subscribe for ordinary shares in the Company were granted to the following directors of the Company, pursuant to the ATH Resources plc Unapproved Share Option Scheme ("the Unapproved Scheme") and the ATH Resources plc Long Term Incentive Plan ("the LTIP"), as follows:

Director	Options granted under Unapproved Scheme	Options granted under LTIP
Tom Allchurch	102,439	102,439
Alistair Black	66,341	66,341
Steven Beaumont	77,073	77,073

The options granted under the Unapproved Scheme are exercisable at 205p per share, being the prevailing price of the Company's ordinary shares on the date of grant, and can be exercised between 3 and 10 years from the date of grant. The Options granted under the LTIP are exercisable at 1p per share.

In addition, on the same date and on the same terms, a total of 419,257 options to subscribe for ordinary shares in the Company were granted to certain key employees of the Company pursuant to the LTIP.

For further information:
ATH Resources
Tom Allchurch, Chief Executive	Tel: +44 (0) 1302 760 462
tom.allchurch@ath.co.uk	www.ath.co.uk
Seymour Pierce
Nicola Marrin	Tel: +44 (0) 20 7107 8000
nicolamarrin@seymourpierce.com

 

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