News Column

SolGold Plc - Issue of Equity

July 15, 2014

ENP Newswire - 15 July 2014

Release date- 11072014 - Following approval granted by shareholders at the Company's AGM on 8th July 2014, SolGold plc has today issued a total of 4,360,000 Incentive Options to Directors or their nominees, of which 50% are exercisable at 14p, vesting once the SOLG share price has traded at a minimum of 20p on a 30 day VWAP basis and 50% are exercisable at 28p, vesting once the SOLG share price has traded at a minimum of 40p on a 30 day VWAP basis.

The option holdings outlined above represent the total interests of each Director in the options on issue in the Company, as all previous unexercised options expired on 30 May 2014.

The Company now has 652,153,202 fully paid ordinary shares on issue and admitted to trading. The Company also has the following options on issue:

12,820,000 options exercisable at 50p;

12,730,000 options exercisable at 28p;

9,730,000 options exercisable at 14p and

3,000,000 options exercisable at 6p.


Mr. Alan Martin

CEO and Managing Director

SolGold Plc

Tel: +61(0)488 223 828


Mr. Nicholas Mather

Executive Director

SolGold Plc

Tel: +61 (0)7 3303 0665


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Source: ENP Newswire

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