| Anglo Pacific Group PLC: Company Share Option Plan & Notification of PDMR | |
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LONDON, UNITED KINGDOM--(Marketwired - Oct 2, 2015) - Anglo Pacific Group PLC (TSX: APY) (LSE: APF)
News Release
October 2, 2015
TSX: APY
Anglo Pacific Group PLC
Company Share Option Plan
and Notification of Transaction by PDMR
Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY) announces that on October 1, 2015 it granted to employees a total of 84,414 options to buy ordinary shares of 2 pence each in the Company at an exercise price of £0.77 per share under the Anglo Pacific Group Company Share Option Plan ("CSOP"). Some of these options have been granted on the condition that previous options granted under the CSOP, the performance conditions of which have not been met, will be cancelled. Consequently, the Company expects outstanding options over 10,543 shares to be cancelled as a result of the grants.
More information on the CSOP is available in the Company's Annual Report 2013, which can be found at www.anglopacificgroup.com.
Following the grant, the Company received notification on October 1, 2015 from a person discharging managerial responsibilities ("PDMR"), Kevin Flynn, the Company's Chief Financial Officer and Company Secretary, that he had agreed to the cancellation of outstanding options over 10,543 shares and had been granted new options over 25,974 shares pursuant to the CSOP at an exercise price of £0.77 per share. The Company also received a notification on October 1, 2015 from another PDMR, Juan Alvarez, the Company's Head of Investments that he had been granted options over 6,493 shares pursuant to the CSOP at an exercise price of £0.77 per share.
This notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4R.
For further information:
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Anglo Pacific Group PLC |
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+44 (0) 20 3435 7400 |
Julian Treger - Chief Executive Officer |
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Kevin Flynn - Chief Financial Officer & Company Secretary |
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Website: |
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http://www.anglopacificgroup.com/ |
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Anglo Pacific Group plc
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PRODUCER |
CODE : APF.L |
ISIN : GB0006449366 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Anglo Pacific is based in United kingdom. Anglo Pacific produces iron in Brazil, and holds various exploration projects in Brazil. Its main asset in production is AMAPA in Brazil. Anglo Pacific is listed in Australia, in Germany, in United Kingdom and in United States of America. Its market capitalisation is GBX 26.7 billions as of today (US$ 31.9 billions, € 32.2 billions). Its stock quote reached its lowest recent point on September 28, 2001 at GBX 10.02, and its highest recent level on October 05, 2022 at GBX 157.00. Anglo Pacific has 169 942 000 shares outstanding. |