SOURCE: Anglo Pacific Group PLC

September 10, 2014 11:00 ET

Anglo Pacific Group PLC Company Share Option Plan and Notification of Transaction by PDMR

LONDON, UNITED KINGDOM--(Marketwired - Sep 10, 2014) - Anglo Pacific Group PLC (the "Company") (LSE: APF) (TSX: APY) announces that on September 9, 2014 it granted to employees a total of 24,600 options to buy ordinary shares of 2 pence each in the Company at an exercise price of 162.58p per share under the Anglo Pacific Group Company Share Option Plan ("CSOP"). Some of these options have been granted on the condition that previous options granted under the CSOP, the performance conditions of which have not been met, will be cancelled. Consequently, the Company expects outstanding options over 33,258 shares to be cancelled as a result of the grants.

More information on the CSOP is available in the Company's Annual Report 2013, which can be found at www.anglopacificgroup.com.

Following the grant, the Company received notification on September 10, 2014 from a person discharging managerial responsibilities, Peter Mason, the Company's General Counsel and Company Secretary, that he had agreed to the cancellation of outstanding options over 9,210 shares and had been granted new options over 6,150 shares pursuant to the CSOP at an exercise price of 162.58p per share. This notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4R.

Contact Information

  • For further information:

    Anglo Pacific Group PLC
    Julian Treger
    Chief Executive Officer
    Peter Mason
    Company Secretary
    +44 (0) 20 3435 7400

    Website:
    www.anglopacificgroup.com