Grant of Options
26 Novembre 2007 - 8:03AM
UK Regulatory
RNS Number:4471I
Monterrico Metals PLC
26 November 2007
Monterrico Metals plc
("Monterrico" or the "Company")
AIM: MNA
Share Options Granted to Monterrico Directors
London: 26 November, 2007: The Company announces today that the following
Options over Ordinary Shares of 10p each in the capital of Monterrico Metals plc
have been granted to the Directors of Monterrico and also to the Directors of
its subsidiary company Minera Majaz S.A. (Peru):
Directors of Monterrico Metals plc Share Options:
Mr Richard Ralph - Chairman (Non-Executive) 50,000
Mr Xiaodong Huang - Chief Executive Officer 120,000
Ms Shan Shan (Susan) Li - Finance Director 50,000
Mr Guobin Hu - Technical Director 50,000
Mr Wenzhou Huang - Non-Executive Director 30,000
Mr Ray Angus - Non-Executive Director 30,000
Mr Harry Cooper - Non-Executive Director 30,000
Directors of Minera Majaz S.A. (Peru):
Jian Wu - Director of Minera Majaz 40,000
Andrew Bristow - Director of Minera Majaz 40,000
Luis Chiang - Director of Minera Majaz 25,000
All these Options have an exercise price of 350p per share and are exercisable
after 26 November, 2010 for a period of seven years, ending on 26 November,
2017.
ENDS
Enquiries:
Monterrico Metals plc Tel: + 44 20 7776 2900
Richard Ralph (Non-Executive Chairman)
Susan Connolly (Investor Relations Manager)
Ambrian Partners Limited Tel: + 44 20 7776 6421
Tim Goodman
Parkgreen Communications Limited Tel: + 44 20 7851 7480
Simon Robinson/Beth Harris/Laura Llewelyn
This information is provided by RNS
The company news service from the London Stock Exchange
END
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