Arcon chief gets shares options

Arcon International Resources chief executive Peter Kidney has been granted options to buy 125,000 shares in the mineral exploration company.

Mr Kidney will be able to buy the shares at 37c between October 2007 and October 2014 and will benefit if the share price has risen above yesterday’s level of 36c at that stage. Company secretary Michael Graham was granted similar options over 12,500 shares.