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European Metals Holdings Limited

Net Asset Value May 17, 2017

10480_dirs_2017-05-17_472a2f07-a824-4126-b688-a2f7b492d4ab.html

Net Asset Value

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National Storage Mechanism | Additional information

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RNS Number : 4429F

European Metals Holdings Limited

17 May 2017

For immediate release

17 May 2017

EUROPEAN METALS HOLDINGS LIMITED

Grant of options

European Metals Holdings Limited ("European Metals" or "the Company") (ASX and AIM: EMH), advises the following issue of the following unlisted options:

(i)           500,000 unlisted options, (28 cents exercise price) expiring on 20 April 2018 to independent consultants, as per their individual consultancy agreements; and

(ii)          400,000 Unlisted Options, (58 cents exercise price) expiring on 3 January 2020 to Richard Pavlik, the General Manager in the Czech Republic, as per his contract of employment. The exercise price was determined in his contract of employment as the volume weighted average price for the 5 day period prior to the commencement of his employment on 3 January 2017.  250,000 Options will vest at the completion of the Definitive Feasibility Study and 150,000 Options will vest 12 months thereafter.

ENQUIRIES:

European Metals Holdings Limited

Keith Coughlan, Chief Executive Officer

Kiran Morzaria, Non-Executive Director

Julia Beckett, Company Secretary
Tel: +61 (0) 419 996 333

Email: [email protected]

Tel: +44 (0) 20 7440 0647

Tel: +61 (0) 6141 3504

Email: [email protected]
Beaumont Cornish (Nomad & Broker)

Michael Cornish

Roland Cornish
Tel: +44 (0) 20 7628 3396

Email: [email protected]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Richard Pavlik

2

Reason for notification

a)

Position / status

General Manager, Czech Republic

b)

Initial notification

/Amendment

Initial

3

Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

European Metals Holdings Limited

b)

LEI

213800NZKFBQAMMLXC39

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description  of  the financial instrument, type of instrument

Identification code

Ordinary shares of no par value in European Metals Holdings Limited

ISIN VGG3191T1021

Nature of the transaction

Issue of options over Ordinary Shares

Price(s) and volumes(s)

Price(s) Volumes(s)
A$0.58 400,000

d)

Aggregated information

n/a

e)

Date of the transaction

17 May 2017 

f)

Place of the transaction

Outside a trading venue

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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