LONDON--(Marketwire - May 21, 2012) - The Company announces that the board of directors of Serabi (the "Board") has agreed to award in aggregate 500,000 new options over ordinary shares to its Executive Directors (representing 0.55% of the current issued share capital of 91,268,529 ordinary shares). The options are exercisable at UK£0.10 which compares to the closing mid-market share price in London of 9.62 pence per ordinary share on 18 May 2012. The option awards are as follows:
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