Concha PLC

Miscellaneous - New Grant of Options

Concha PLC
('Concha' or the 'Company')

New Share Option Scheme and Grant of Options

Concha PLC (AIM: CHA), announces that its Remuneration Committee has authorised the grant of options over 30,000,000 new Ordinary Shares at an exercise price of 1.18p per Ordinary Share under the Concha PLC 2016 Unapproved Share Option Incentive Scheme ('the Scheme') to Russell Backhouse, a director of the Company.

Given that the Company has satisfied the performance obligations of the Scheme, these options, which are effective today, can be exercised at any time and lapse a maximum of three years after the date of grant.

For further information, please contact:

Concha PLC

Chris Akers, Executive Chairman

Chris.akers@srgplc.com

SPARK Advisory Partners Limited (Nominated Advisor)

Sean Wyndham-Quin/Mark Brady

+44 (0)20 3368 3550

Concha plc published this content on 29 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 December 2016 07:07:09 UTC.

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