Cluff Natural Resources plc / Index: AIM / Epic: CLNR / Sector: Natural Resources
26 June 2013
Cluff Natural Resources plc (CNR or the Company)
Grant of share options and directors dealings
Cluff Natural Resources plc, an investing company founded by natural resources entrepreneur Algy Cluff, is pleased to announce that on 26 June 2013, 3,000,000 options over ordinary shares of 0.5p each in the Company (Ordinary Shares) were granted to Graham Swindells, the Companys recently appointed CFO.
The share options have an exercise price of 5.125p per share and are equivalent to 3.4% of the Companys issued share capital.
The share options vest in 12 months and are exercisable over 10 years, according to the Companys share option scheme.
The Company was also today notified that the Earl De La Warr, Non-Executive Director of the Company acquired 800,000 Ordinary Shares on 25 June 2013 at an average price of 5.5 pence each and that Graham Swindells today acquired 88,112 shares at an average price of 5.7 pence each.
Following these purchases, the Earl De La Warr and Graham Swindells are now interested in 1,800,000 and 88,112 Ordinary Shares respectively, representing approximately 2.1 per cent.
and 0.1 per cent.
of the Companys issued ordinary share capital.
The total number of ordinary shares currently in issue is 87,000,000.
**ENDS**
For further information visit www.cluffnaturalresources.com or contact the following:
Cluff Natural Resources Plc
Algy Cluff / Graham Swindells
Tel: +44 (0) 20 7887 2630
Shore Capital and Corporate Limited (Nominated Adviser)
Pascal Keane / Toby Gibbs
Tel: +44 (0) 20 7408 4090
Shore Capital Stockbrokers Limited (Broker)
Jerry Keen
Tel: +44 (0) 20 7408 4090
St Brides Media & Finance Ltd
Felicity Edwards / Lottie Brocklehurst / Frank Buhagiar
Tel: +44 (0) 20 7236 1177
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