February 10th, 2017
Arian Silver Corporation ('Arian Silver' or the 'Company') reports today that, further to its 6 February 2017 statement regarding the adoption of and award under the Company's share option plan, a further grant of an aggregate of 2,250,000 share options over Common Shares has been approved to certain key personnel including the awards to the directors listed below, exercisable at a price of £0.01 until 9 February 2022 and vesting immediately.
The grant of options includes awards made to the following directors:
Name of Director | Number of options |
T. A Bailey | 500,000 |
J. S. Cable | 500,000 |
J.A. Crombie | 500,000 |
Total | 1,500,000 |
Messrs Bailey, Cable and Crombie have the following interests in Common Shares:
Director | No. Common Shares | % of issued capital |
T. A. Bailey | 1,314,226 | 0.72% |
J.S. Cable | - | 0.00% |
J.A. Crombie | 566,665 | 0.31% |
Director | No. Share Warrants | Exercise Price | Expiry Date |
T. A. Bailey | 1,314,226 | £0.015 | 27 February 2019 |
J.S Cable | - | - | - |
J. A. Crombie | 416,665 | £0.015 | 27 February 2019 |
Following the grant of share options, Messrs Bailey, Cable and Crombie have the following interests in share options in the Company:
Director | No. Options | Exercise Price | Expiry Date |
T.A. Bailey | 25,000 500,000 | £0.70 £0.01 | 29 May 2018 9 February 2022 |
J. S. Cable | 25,000 500,000 | £0.70 £0.01 | 29 May 2018 2 February 2022 |
J.A. Crombie | 25,000 500,000 | £0.70 £0.01 | 29 May 2018 2 February 2022 |
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
Arian Silver Corporation |
Northland Capital Partners Limited |
OR | OR |
Beaufort Securities Limited |
Yellow Jersey PR Limited |
Arian Silver Corporation published this content on 10 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 March 2017 16:08:14 UTC.
Original documenthttp://www.ariansilver.com/news/grant-of-options
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