DORIEMUS PLC 30 June 2016
Doriemus PLC ("Doriemus" or the "Company") OptionsDoriemus PLC (ISDX: DOR) announces that it has today issued options over a total of 750,000,000 ordinary shares at an exercise price of 0.05p per share (compared to the closing mid-market price on 29 June 2016 of 0.0425p). The exercise price represents an 18% premium to current price. These options will vest immediately and will expire on 30 June 2021.
The options represent in aggregate 9.68% of the existing issued share capital and have been issued to current directors.
In addition the Company has today cancelled all previously issued options to the current directors over a total of 120,000,000 ordinary shares at an exercise price of 0.22p per share excercisable up until 14 November 2018.
The options for the directors are now as follows:
Name | New Options | Ordinary shares Total | % of issued |
issued | held | share capital |
D.Lenigas 300,000,000 60,000,000 360,000,000 4.65
H.Harris 150,000,000 74,000,000 214,000,000 2.76
D.Strang 150,000,000 74,000,000 214,000,000 2.76
G.Roberts 150,000,000 37,000,000 177,000,000 2.29
The directors of the Company accept responsibility for the contents of this announcement.
-ENDS-
Doriemus Plc: +44 (0)20 7440 0640 David Lenigas (Executive Chairman)
Hamish Harris
Peterhouse Corporate Finance Limited +44 (0)20 7469 0930 Guy Miller
Fungai Ndoro
Doriemus plc published this content on 30 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 July 2016 14:17:10 UTC.
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