African Copper Plc
TSX : ACU
AIM : ACU

African Copper Plc

August 01, 2006 11:26 ET

African Copper Plc - Grant of Options

LONDON, UNITED KINGDOM--(CCNMatthews - Aug. 1, 2006) - African Copper plc (the "Company")(TSX:ACU)(BSE:AFRICAN COPPER)(AIM:ACU) announces that on 1st August 2006 it made a total grant of 7,310,000 options over the Company's ordinary shares of 1p each at an exercise price of 77.5p under The African Copper plc Unapproved Share Option Scheme (the "Scheme"). Of these, 5,350,000 options were granted to the Company's directors as follows: R Corrans, 150,000, A J Williams, 150,000, M Evans, 150,000, R Whyte, 150,000, J A Hamilton, 2,250,000, D Jones, 1,250,000, B Kipp, 1,250,000.

Options granted under the Scheme are exercisable in accordance with the Scheme rules and subject to vesting conditions approved by the Board.

Contact Information

  • African Copper Plc
    Susan Wallace
    +44 (0) 1372 465330
    or
    Numis Securities Limited (NOMAD)
    John Harrison / James Black
    +44 (0)20 7776 1590
    or
    Parkgreen Communications
    Justine Howarth / Ana Ribeiro
    +44 (0)20 7493 3713
    www.africancopper.com