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Thursday 07 May, 2009

Landkom Intl Plc

Grant of Options

RNS Number : 8469R
Landkom International Plc
07 May 2009
 

LANDKOM INTERNATIONAL PLC


7 May 2009


Grant of options


Landkom International PLC (AIM: LKI, 'Landkom' or the 'Group'), the Ukrainian producer of high value oilseed rape and wheat, announces that it has yesterday granted share options to certain members of the operational management and to certain of its Directors, totalling 2,982,104 options representing 1.2 % of the current issued share capital of the Company. Disclosure regarding issuance of options to Directors is as follows:



No of Options

Exercise Price

Exercise date

Total number of options post grant

Beneficial interest in existing shares in issue 

Ben Adams

166,667

17p

06/02/10




166,667

17p

06/02/11




166,667

17p

06/02/12




75,000

17p

06/05/10




75,000

17p

06/05/11




75,000

17p

06/05/12

1,125,000

nil 

Stephen Pickup

166,667

17p

06/05/10




166,667

17p

06/05/11




166,667

17p

06/05/12

2,500,000

nil 

Konrad Nowicki

62,500

17p

06/05/10




62,500

17p

06/05/11




62,500

17p

06/05/12

937,500

5.68%


In addition certain of the Company's Non-executive Directors have agreed to waive various options previously granted as follows:



No of Options

Exercise Price

Date of grant

Exercise date

Total number of options post waiver

Beneficial interest in existing shares in issue

Neil Balfour

567,626

65p

22/11/07

22/11/09




567.626

78p

22/11/07

22/11/10

567,626

nil

Gerald Howarth

409,952

65p

22/11/07

22/11/09




409,952

78p

22/11/07

22/11/10

409,952

nil

Laurence Holyoake

409,952

108p

10/06/08

10/06/10




409,952

129p

10/06/08

10/06/11

409,952

nil


Following this grant of new options and waiver of old options, the Company will a have a total of 15.1 million options in existence, representing 6.3 per cent. of the current issued share capital of 240,008,935 ordinary shares.


For further information:


Landkom International Plc (www.landkominternational.com)


Richard Spinks, Chief Executive Officer

+38 (0) 673 410 140

Stephen Pickup, Chief Financial Officer

+44 (0) 20 3170 5681



Liberum Capital


Simon Atkinson

+44 (0)20 3100 2000



College Hill  


Simon Whitehead/Adrian Duffield

+44 (0)20 7457 2020

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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