Last checked at 28 Jun 2013 15:23
28 June 2013
GOLD OIL PLC
("Gold Oil" or "the Company")
Grant of Options
Gold Oil, the AIM-listed oil and gas exploration and production company, announces that on 27 June 2013, it granted options to the following Directors to subscribe for new ordinary shares of 0.025p ("Ordinary Shares") in the Company (the "Options"):
Name of Director | Number of new Options granted | Exercise Price of new Options per share | Total number of Options held following grant | ||
Rudolph Berends | 11,250,000 | 1.60 pence | 33,250,000 | ||
William Colvin | 2,990,431 | 1.672 pence | 2,990,431 |
The Options vest immediately and are exercisable (in whole or in part) at any time up to the third anniversary of the date of grant.
For further information:
Gold Oil Plc
Rudolph Berends (Chairman & CEO) Tel: +44 (0) 203 427 5089
Cantor Fitzgerald
Nominated Adviser and Joint Broker
Stewart Dickson / David Foreman (Corporate Finance) Tel: +44 (0) 20 7894 7000
Richard Redmayne / David Banks (Corporate Broking)
FirstEnergy Capital LLP
Joint Broker
Hugh Sanderson / Travis Inlow Tel: + 44 (0) 20 7448 0200