Egdon Resources plc (AIM:EDR) announces that as part of its annual incentive review it has granted options to the following Directors.
Director | Number of Options granted | Exercise Price (pence) | Vesting Date | Exercisable Until |
Mark Abbott | 979,381 | 9.7 | 1 August 2016 | 31 December 2026 |
Jerry Field | 824,742 | 9.7 | 1 August 2016 | 31 December 2026 |
Following the grant of the options, which are effective 14th November, the interests of the Directors in the share capital of the Company are as follows:
Director | Total number of Options held over Ordinary Shares | Number of Ordinary Shares held |
Mark Abbott | 2,561,535 | 7,563,824 |
Jerry Field | 2,497,617 | 0 |
In addition the Company has granted options to employees on the same basis as Directors. The total number of options granted to Directors and employees of the Company is 4,134,021.