Press releases

Wits Gold award

MDM grant of share options

15 July 2013

MDM Engineering Group Limited (AIM:MDM) announces that on 12 July 2013, the Directors listed below had been granted the following share options (“Options”) over ordinary shares of US$0.01 each in the Company, under the Company’s Global share option plan.


Name

Position

Number of options awarded on 12 July 2013

Total number of options held as at the date of this announcement

Martin Smith

CEO

125,000

550,000

George Bennett

Executive Director

125,000

900,000

Dominique de la Roche

Financial Director

125,000

425,000

The Options have an exercise price of 122.5 pence per share and will vest in three equal tranches on 12 July 2014, 12 July 2015 and 12 July 2016. The expiry date for the Options is 12 July 2021.

Enquiries:

MDM Engineering Group Limited

Martin Smith (CEO)
George Bennett (Executive Director)
Dominique de la Roche (Finance Director)
Tel: +27 (0) 11 993 4300

Canaccord Genuity Limited

Andrew Chubb / Christopher Fincken
Tel: +44 (0)20 7523 8000

Tavistock Communications Limited

Jos Simson / Emily Fenton
Tel: +44 (0)20 7920 3150

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