Director's Interests (6460Z)
18 Gennaio 2011 - 10:34AM
UK Regulatory
TIDMAGLD
RNS Number : 6460Z
Allied Gold Limited
18 January 2011
FOR IMMEDIATE RELEASE 18 JANUARY 2011
allied gold limited
("Allied", "Allied Gold" or "the Company")
Directors Interests in Allied Gold
Allied Gold advises that the following options were cancelled
today for Mr Mark Caruso, and Mr Frank Terranova, both Directors of
Allied Gold Limited, due to vesting conditions not being met.
Mr Mark Caruso: 5,000,000 Unlisted Options exercisable at $0.50
on or before 31 December 2013, vesting upon the 100,000th ounce of
gold produced from the Simberi Oxide Gold Project between 1 October
2009 and 31 December 2010.
Mr Frank Terranovs: 2,500,000 Unlisted Options exercisable at
$0.50 on or before 31 December 2013, vesting upon the 100,000th
ounce of gold produced from the Simberi Oxide Gold Project between
1 October 2009 and 31 December 2010.
Mr Mark Caruso's security holdings in the Company are now as
follows:
o 7,685,193 Ordinary Fully Paid Shares representing 0.74% of the
total share capital of the Company.
o 5,875,000 Unlisted Options exercisable at $0.35 on or before
31 October 2011.
o 3,000,000 Unlisted Options exercisable at $0.35 on or before
31 October 2011, vesting upon when the Company's Share price trades
at greater than $0.70 for 5 consecutive trading days.
o 20,000,000 Unlisted Options exercisable at $0.50 on or before
31 December 2013.
Mr Frank Terranova's security holdings in the Company are now as
follows:
o 1,000 Ordinary Fully Paid Shares representing 0.000096% of the
total share capital of the Company.
o 4,250,000 Unlisted Options exercisable at $0.35 on or before
31 October 2011.
o 1,250,000 Unlisted Options exercisable at $0.35 on or before
31 October 2011, vesting upon when the Company's Share price trades
at greater than $0.70 for 5 consecutive trading days.
o 10,000,000 Unlisted Options exercisable at $0.50 on or before
31 December 2013.
For further information, contact:
For more details please contact:
Simon Jemison Investors and Media (Aust) + 61 (0) 418 853
922
Rebecca Greco Investors (North America) +1 416 839 8610
David Simonson Merlin PR (UK) + 44 (0) 20 7726 8400
Beaumont Cornish Limited
Roland Cornish
Beaumont Cornish Limited
T: +44 (0) 20 7628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
END
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