PR Newswire
London, June 30
30 June 2016
Doriemus PLC
("Doriemus" or the "Company")
Options
Doriemus PLC (ISDX: DOR) announces that it has today issued options over a total of 750,000,000 ordinary shares at an exercise price of 0.05p per share (compared to the closing mid-market price on 29 June 2016 of 0.0425p). The exercise price represents an 18% premium to current price. These options will vest immediately and will expire on 30 June 2021.
The options represent in aggregate 9.68% of the existing issued share capital and have been issued to current directors.
In addition the Company has today cancelled all previously issued options to the current directors over a total of 120,000,000 ordinary shares at an exercise price of 0.22p per share excercisable up until 14 November 2018.
The options for the directors are now as follows:
| Name | New Options issued | Ordinary shares held | Total | % of issued share capital |
| D.Lenigas | 300,000,000 | 60,000,000 | 360,000,000 | 4.65 |
| H.Harris | 150,000,000 | 74,000,000 | 214,000,000 | 2.76 |
| D.Strang | 150,000,000 | 74,000,000 | 214,000,000 | 2.76 |
| G.Roberts | 150,000,000 | 37,000,000 | 177,000,000 | 2.29 |
The directors of the Company accept responsibility for the contents of this announcement.
-ENDS-
| Doriemus Plc: David Lenigas (Executive Chairman) Hamish Harris | +44 (0)20 7440 0640 |
| Peterhouse Corporate Finance Limited Guy Miller Fungai Ndoro | +44 (0)20 7469 0930 |
