Issue of Share Options
October 10 2000 - 12:50PM
UK Regulatory
RNS Number:3291S
Kenmare Resources PLC
10 October 2000
Kenmare Resources plc ("Kenmare" or "the Company")
Kenmare Resources plc. has today issued share options, in accordance with the
terms of the Company Share Option Scheme, for a nominal consideration of IR#5,
to certain directors and staff over 3.1 million Ordinary IR5p Shares. The
exercise price is Stg 15.5p. These options include a clause whereby the
options will not be exercisable until the successful completion of the
definitive feasibility study and financing or commencement of implementation
of the Moma Titanium Project.
The directors and company secretary participate in this issue of options as
follows :
Options Total Options
Granted held (inclusive of
this notification)
Michael Carvill Executive Director 1,000,000 3,346,629
Tony McCluskey Executive Director 400,000 1,410,000
Alastair Brown Executive Director 400,000 1,621,629
Ian Egan Non-executive Director 250,000 1,180,000
Simon Farrell Non-executive Director 250,000 680,000
Ken Judge Non-executive Director 250,000 680,000
Deirdre Corcoran Company Secretary 150,000 325,000
For additional information :
Tony McCluskey
Financial Director
+353-1-671 0411 or +353-87-6740346
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