Chapmore Plc
LSE : CHAP

September 22, 2011 09:26 ET

Shares and Options issued to Directors

CHAPMORE PLC
SHARES AND OPTIONS ISSUED TO DIRECTORS

Chapmore  plc  (the  "Company") announces that it has entered into an agreement with Haakan  Tollefsen  and
Joaquin  Hinojosa to issue 1,500,000 Ordinary shares at GBP 0.01 per share to each of them over the next  12
months  in  consideration for GBP 15,000 of director's fees each. This has been agreed by  the  board  with
regard  to  the  Company's limited cash resources and the board agreed it would be in  the  Company's  best
interests if they were paid in shares.

Tom  Kristensen has also agreed to waive his Directors remuneration for the current financial  year  to  30
November 2011 in return for being issued 1,500,000 options at a price of GBP 0.01. In addition to  this  Mr
Kristensen  will be granted a further 1,000,000 options at a price of GBP 0.01 to reflect the  considerable
work carried out by him in the restructuring of the Company earlier in the year.

The Company now has 14,645,930 ordinary shares of GBP 0.0025 in issue, and Mr Tollefsen and Mr Hinojosa now
each owns 10.24% of the issued share capital of the Company.

The Director of the Issuer accepts responsibility for this announcement.

FOR FURTHER INFORMATION PLEASE CONTACT:

Tom Kristensen
Chapmore PLC
Tel: +44 (0)7734 266 119

Nick Michaels
Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: +44 (0) 20 7251 3762


22 September 2011

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