FLOR Fluormin

TIDMFLOR

RNS Number : 8875T

Fluormin PLC

13 December 2011

13 December 2011

Fluormin Plc

Appointment of General Counsel and Company Secretary; Grant of Options

Fluormin Plc (AIM: FLOR) ("Fluormin" or the "Company") is pleased to announce the appointment of Minay Mahidharia as General Counsel and Company Secretary. Minay Kishor Mahidharia is a UK-qualified corporate finance lawyer who joins the Company from a leading international law firm.

Grant of Options

The Company announces the grant of 200,000 options to acquire ordinary shares to the directors of the Company and senior management. All of the options granted pursuant to this announcement are exercisable at a price of GBP1.25 per ordinary share.

 
                           Options Granted  Options held following this notification 
-------------------------  ---------------  ---------------------------------------- 
Muriel Dube (Director)     80,000           80,000 
-------------------------  ---------------  ---------------------------------------- 
Brian Kiernan (Director)   80,000           80,000 
-------------------------  ---------------  ---------------------------------------- 
Minay Mahidharia           40,000           40,000 
-------------------------  ---------------  ---------------------------------------- 
 
 

The total number of options outstanding is now 5,150,978 representing 9.5 per cent of the current issued share capital.

About Fluormin Plc

Fluormin is a producer of acid grade fluorspar, an industrial mineral widely used in the chemical and aluminium industries for the making of products such as HFCs (Hydrofluorocarbons used as refrigerant gases like Freon (TM)) and aluminium fluoride.

For further information please visit www.fluormin.com.

Contact Information

 
 Fluormin plc 
 Al Gourley, Joint Chief Executive    (44)020-7556-0940, agourley@fluormin.com 
  Officer 
 Mark Bolton, Joint Chief Executive   (44)020-7556-0940, mbolton@fluormin.com 
  Officer 
 Westhouse Securities 
 Martin Davison                       (44)020 7601 6100, martin.davison@westhousesecurities.com 
 Tim Feather                          (44)020 7601 6100, tim.feather@westhousesecurities.com 
 Tavistock Communications 
 Lydia Eades                           (44)020 7920 3150, leades@tavistock.co.uk 
 Jos Simson                           44)020 7920 3150, jsimson@tavistock.co.uk 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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