STRONTIUM PLC
GRANT OF OPTIONS
The board of Strontium Plc (the "Company") announce that, on 2 November 2009,
it granted options over 100,000 shares (representing approximately 0.7 per cent
of the issued share capital of the Company) to Colin Brompton, a director of
the Company under the Company's unapproved share option scheme, as set out in
the table below:-
Director Number Exercise Exercise period Total Number of Percentage
of price number of Ordinary of
options (pence) options Shares Ordinary
granted* held held Shares
held
From To
Colin 100,000 15.5 01/12/09 30/11/11 100,000 1,645,377 12.31
Brompton
* The options will lapse upon a participant ceasing to: (i) be a director
within the Company's group; or (ii) be an employee within the Company's group,
at anytime prior to 1 December 2010. There are no performance conditions
attached to these options.
The closing mid-market price of the Company's shares on 2 November 2009, being
the business day prior to the date of grant was 15.5 pence.
The issued share capital of the Company comprises 13,369,688 ordinary shares of
2 pence each.
Enquiries:
Strontium plc Tel: 07843 375 764
David Barker, Managing Director
Astaire Securities plc Tel: 020 7448 4400
Aaron Smyth, Nominated Adviser