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AIM:BHL
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Bradda Head will change name to Bradda Head Lithium, confirms share options plan

The name change is expected to become effective from next Wednesday but the company's ticker will remain the same

Bradda Head Holdings Ltd -

Bradda Head Holdings Ltd (AIM:BHL) will change its name to Bradda Head Lithium Ltd to better reflect the company's business and focus.

The exploration group said it will also be awarding a total of 4mln share options to board members and management as planned at the time of its AIM admission.

An exercise price of 9p represents a premium of 20% to the closing share price of 7.5p on Monday.  

Options issued vest immediately, are exercisable for a period of five years from date of issue, and the options will lapse upon any participant no longer being an employee or connected person remunerated by the company.

The name change is expected to become effective from 8am on Wednesday 22 September but the BHL ticker will remain the same, as will the company's ISIN code.

Quick facts: Bradda Head Lithium Ltd

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AIM:BHL

Price: 7.9 GBX

Market Cap: £23.15 m

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