Metals & Minerals News

Kavango awards 48m share options

Kavango Resources plc has granted 48 million share options to directors and persons discharging managerial duties and 20m to its key consultants. Both sets of options are exercisable at a price of 1.1 pence per ordinary share for a period of seven years, with the consultant options vesting in phases over 24 months. Non-executive chairman […]

Metals & Minerals News

Altus grants 3.4m share options

Altus Strategies plc has granted share options for a total 3,425,000 ordinary shares of £0.05 each to certain directors, employees and consultants. SCHEME The share options have exercise prices of £0.65 for 3,125,000 ordinary shares and £0.7315 for 300,000 ordinary shares, representing an 11.1% and 25% premium respectively. Directors and a person discharging managerial responsibilities […]