Executives at LOM (Holdings) Ltd. this week exercised share options worth over half a million dollars, according to a filing with the Bermuda Stock Exchange.

The company said under the employee share options plan, shares were exercised, or cashed in, on November 19 at $2.89 each.

Scott Lines, director and managing director of the company and its subsidiaries, exercised 100,000 options, worth $289,000.

David McNay, a director and executive vice president of the subsidiaries of the company, exercised 50,000 options, valued at $144,500. Craig Lines, a director of LOM Securities (Cayman) Ltd. and a director and president of LOM Securities (Bahamas) Ltd., subsidiaries of the company, exercised 20,000 options, worth $57,800.

Scott Hill, group compliance manager of the subsidiaries of the company, exercised 5,000 options, worth $14,450.

Malcolm Moseley, chief financial officer of the company and director and chief financial officer of the subsidiaries of the company, exercised 20,000 options valued at $57,800.

In total 195,000 shares options were exercised worth $563,550.