Metal Tiger plc Issue of Management Options
January 18 2017 - 3:15AM
UK Regulatory
TIDMMTR
Metal Tiger Plc
18 January 2017
Metal Tiger Plc
("Metal Tiger" or the "Company")
Issue of Management Options
Metal Tiger (LON: MTR), the natural resources investing company
is pleased to announce the issue of management performance share
options ("New Options") to existing and recently appointed
directors.
The New Options were determined by the Company's Remuneration
Committee which then comprised Charles Hall (Non-Executive
Chairman) and Paul Johnson (then Non-Executive Director) and
approved by the Board.
All New Options will vest immediately but only be exercisable
whilst the director remains in the employ of the Company or any
time after 12 month's service from today's date.
The New Options to be awarded are as follows:
Number Exercise Expiry
Director Position of Options Price Date
Charles Hall Non-Executive 3,000,000 3p 18.01.20
Chairman
Michael McNeilly Chief Executive 7,500,000 3p 18.01.20
Officer
Keith Springall Finance Director 5,000,000 3p 18.01.20
Alastair Middleton Chief Technical 4,500,000 3p 18.01.20
Officer
500,000 2p 18.01.20
Geoff McIntyre Executive Director 3,000,000 3p 18.01.20
Terry Grammer Non-Executive 2,000,000 3p 18.01.20
Director
Mark Potter Non-Executive 1,000,000 3p 18.01.20
Director
Following the issue of the New Options above the total options
held by the Board will be as follows:
Number Exercise Expiry
Director Position of Options Price Date
Charles Hall Non-Executive Chairman 3,000,000 3p 18.01.20
Michael McNeilly Chief Executive Officer 7,500,000 3p 18.01.20
* 2,000,000 2p 21.06.19
Keith Springall Finance Director 5,000,000 3p 18.01.20
* 2,500,000 2p 21.06.19
Alastair Middleton Chief Technical Officer 4,500,000 3p 18.01.20
500,000 2p 18.01.20
Geoff McIntyre Executive Director 1,750,000 2p 21.09.19
3,000,000 3p 18.01.20
Terry Grammer Non-Executive Director 3,335,000 1.5p 15.12.17
2,000,000 3p 18.01.20
5,000,000 2p 31.05.19
3,330,000 2p 02.07.18
Mark Potter Non-Executive Director 1,000,000 3p 18.01.20
* Options awarded under the Staff and Partner Options award approved by Shareholders at
General Meeting (31.05.16)
For further information on the Company, visit:
www.metaltigerplc.com:
Michael McNeilly(Chief Tel: +44(0)20 7099 0738
Executive Officer)
Keith Springall (Finance Tel: +44 (0)207099 0738
Director
& Company Secretary)
Sean Wyndham-Quin Spark Advisory Partners Tel: +44 (0)
Neil Baldwin Limited 2033 683 555
(Nominated Adviser)
www.sparkadvisorypartners.com
Nick Emerson SI Capital Tel: +44 (0)1483 413 500
Andy Thacker (Joint Broker)
Andrew Monk VSA Capital Limited Tel: +44 (0)20 3005 5000
Andrew Raca (Joint Broker)
Gordon Poole Camarco Tel: +44 (0)203 757 4980
James Crothers (Financial PR)
Notes to Editors:
Metal Tiger plc is listed on the London Stock Exchange AIM
Market ("AIM") with the trading code MTR and invests in high
potential mineral projects with a precious and strategic metals
focus.
The Company's target is to deliver a very high return for
shareholders by investing in significantly undervalued and/or high
potential opportunities in the mineral exploration and development
sector timed to coincide, where possible, with a cyclical recovery
in the exploration and mining markets. The Company's key strategic
objective is to ensure the distribution to shareholders of major
returns achieved from disposals.
Metal Tiger's Metal Projects Division is focused on the
development of its key project interests in Botswana, Spain and
Thailand. In Botswana Metal Tiger has a growing interest in the
large and highly prospective Kalahari copper/silver belt. In Spain
Metal Tiger the Company has tungsten and gold interests in the
highly mineralised Extremadura region. In Thailand Metal Tiger has
expanding interests over licences, applications and critical
historical data covering antimony, copper, gold, silver, lead and
zinc opportunities.
The Company has access to a diverse pipeline of new
opportunities focused on the natural resource sector including
physical resource projects, new natural resource centred
technologies and resource sector related fintech opportunities.
Pipeline projects deemed commercially viable may be undertaken by
Metal Tiger or by an AIM or NEX Exchange (formerly ISDX) partner
with whom the Company is engaged.
View source version on businesswire.com:
http://www.businesswire.com/news/home/20170118005455/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
January 18, 2017 03:15 ET (08:15 GMT)
Metal Tiger (LSE:MTR)
Historical Stock Chart
From Apr 2024 to May 2024
Metal Tiger (LSE:MTR)
Historical Stock Chart
From May 2023 to May 2024