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Geo Genesis Group Ltd - Statement re Warrants and Options - 8 January 2010 |
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Geo Genesis Group Limited / Ticker: GEOP / Market: PLUS
8 January 2010
Geo Genesis Group Limited (`Geo Genesis', `the Group' or `GGG')
Statement re Warrants and Options
The Board of Geo Genesis Group Limited, an emerging markets advisory and
investment company, on October 29, 2009 resolved that A Class warrants with an
expiration date of January 9, 2010 at 50p be extended to January 9, 2013 and
GGG B Warrants with an expiration date of January 9, 2011 at 70p be extended to
January 9, 2013. Both the A Class and B Class warrants are listed on PLUS
Quoted.
The Board resolved to extend the options issued under the Company Share Option
Plan, with an expiration date of January 9, 2011, to current employees,
associates in good standing with the Company and those options allotted but not
yet issued, to January 9, 2013. Additionally, the Board resolved to extend the
options granted to Orange Corporate Finance Ltd as part of the Admission
Agreement from April 8, 2011 to April 8, 2012.
The Board further resolved to extend the warrants issued, as previously
announced on April 17, 2009, to Orange Corporate Finance and Mr. Ian Davidson
to March 31, 2013 and Ms. Joelle Mekers to February 24th 2013.
None of the exercise prices of the above mentioned instruments have been
amended.
The Directors of the Company accept responsibility for this announcement.
**ENDS**
For further information visit www.geogenesisgroup.com or contact:
Roger Bendelac, CEO Geo Genesis Group Ltd Tel: +1 (917) 969 5475
John Bridges Orange Corporate Finance Tel: +44 (0)20 3301
3356
Paul Youens St Brides Media & Finance Tel: +44 (0)20 7236
Ltd 1177
END
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