European Metals Holdings Limited Grant of options (4429F)
17 May 2017 - 10:43PM
UK Regulatory
TIDMEMH
RNS Number : 4429F
European Metals Holdings Limited
17 May 2017
For immediate release
17 May 2017
EUROPEAN METALS HOLDINGS LIMITED
Grant of options
European Metals Holdings Limited ("European Metals" or "the
Company") (ASX and AIM: EMH), advises the following issue of the
following unlisted options:
(i) 500,000 unlisted options, (28 cents exercise price) expiring
on 20 April 2018 to independent consultants, as per their
individual consultancy agreements; and
(ii) 400,000 Unlisted Options, (58 cents exercise price)
expiring on 3 January 2020 to Richard Pavlik, the General Manager
in the Czech Republic, as per his contract of employment. The
exercise price was determined in his contract of employment as the
volume weighted average price for the 5 day period prior to the
commencement of his employment on 3 January 2017. 250,000 Options
will vest at the completion of the Definitive Feasibility Study and
150,000 Options will vest 12 months thereafter.
ENQUIRIES:
European Metals Holdings Tel: +61 (0) 419 996
Limited 333
Keith Coughlan, Chief Email: keith@europeanmet.com
Executive Officer Tel: +44 (0) 20 7440
Kiran Morzaria, Non-Executive 0647
Director Tel: +61 (0) 6141 3504
Julia Beckett, Company Email: julia@europeanmet.com
Secretary
Beaumont Cornish (Nomad Tel: +44 (0) 20 7628
& Broker) 3396
Michael Cornish Email: corpfin@b-cornish.co.uk
Roland Cornish
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Richard Pavlik
--- ------------------------ --------------------------------
2 Reason for notification
--- ----------------------------------------------------------
a) Position / status General Manager, Czech Republic
--- ------------------------ --------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ --------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name European Metals Holdings
Limited
--- ------------------------ --------------------------------
b) LEI 213800NZKFBQAMMLXC39
--- ------------------------ --------------------------------
4 Details of the transaction(s): section
to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ----------------------------------------------------------
a) Description of Ordinary shares of no par
the financial value in European Metals
instrument, type Holdings Limited
of instrument ISIN VGG3191T1021
Identification
code
--- ------------------------ --------------------------------
Nature of the Issue of options over Ordinary
transaction Shares
--- ------------------------ --------------------------------
Price(s) and Price(s) Volumes(s)
volumes(s) ---------- -----------
A$0.58 400,000
---------- -----------
--- ------------------------ --------------------------------
d) Aggregated information n/a
--- ------------------------ --------------------------------
e) Date of the transaction 17 May 2017
--- ------------------------ --------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------ --------------------------------
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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