Source - RNS
RNS Number : 6883G
Draganfly Investments Ltd
31 May 2017
 

31 May 2017

Draganfly Investments Limited

("Draganfly" or the "Company")

 

 

Grant of Options

 

 

 

On 30 May 2017, Luke Bryan was granted an option to acquire 5,000,000 shares in the Company at 0.5p each. In addition, on 30 May 2017, Dennis Edmonds was granted an option to acquire 8,000,000 shares at 0.5p each.

 

Both of these grants of options are exercisable between 1 June 2018 and 31 May 2023.

 

Dennis Edmonds has agreed that he will either utilise the £27,500 owing to him in director's fees to exercise part of the options granted to him, or waive repayment of the money. Accordingly, the Company will not have to pay these fees to him in cash.

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

 

For further information please contact:

 

T Edward G Bayman                                                    +44 (0) 1534 787898

 

 

Dennis Edmonds                                                           +44 (0) 7796 338 372

 

Tom Price/David Hignell

Northland Capital Partners (Nominated Adviser)           +44 (0) 20 3861 6625

 

Jon Belliss

Beaufort Securities Limited (Broker)                             +44 (0) 20 7382 8300

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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