REG - Minoan Group PLC - Option Expiry Dates

MinoanAnnouncement

31/12/2019 07:00

RNS Number : 3167Y
Minoan Group PLC
31 December 2019
 


The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
31 December 2019
MINOAN GROUP PLC
("Minoan" or the "Company")
 
Option Expiry Dates 
 
Shareholders are aware from previous announcements that, historically, certain directors and executives have agreed to accept options in lieu of their remuneration. These options are due to expire on 31 December 2019. Minoan's Board has decided that it is in the best interest of the Company to extend the expiry date of those options granted to the directors Grahame  Cook, Barry Bartman and Timothy Hill and certain others who are not on the Board .
As a result, the expiry dates of options to subscribe for a total of 11,252,136 ordinary shares in the Company at 1p per share have been extended to 31 December 2020.
For further information please visit www.minoangroup.com or contact:



Minoan Group Plc








Christopher Egleton


christopher.egleton@minoangroup.com




Bill Cole


william.cole@minoangroup.com














WH Ireland Limited


020 7220 1666




Adrian Hadden/Lydia Zychowska


















Pello Capital Limited


020 7710 9610




Daniel Gee












 




Sapience Communications Limited


020 3195 3240




Richard Morgan Evans







 




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