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Pin to quick picksCaspian Sunrise Regulatory News (CASP)

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Grant of Options and Directors' Shareholdings

13 Jan 2011 07:00

RNS Number : 3805Z
Roxi Petroleum Plc
13 January 2011
 



For immediate release 13 January 2011

Grant of Options and Directors' Shareholdings

Roxi and its Remuneration Committee are pleased to announce that on 12 January 2011, 13,090,000 new options exercisable at 13p per share were granted as follows

David Wilkes 3,860,000

Hyunsik Jang 3,090,000

Kuat Oraziman 3,090,000

Clive Carver 750,000

Edmund Limerick 750,000

Other staff 1,550,000

 

The option price represents a premium of some 16 per cent to the mid market closing price on 12 January 2011 and a premium of some 56 per cent to the volume weighted average price over the previous month, based on the information available at the close of trading on 12 January 2011.

 

Following the granting of the new options, the current options held by the Directors of the Company are now as follows

 

38p

65p

13p

12p

Total

 

 

 

 

 

 

David Wilkes

1,162,555

1,462,618

3,860,000

2,354,918

8,840,091

Hyunsik Jang

0

0

3,090,000

750,000

3,840,000

Kuat Oraziman

672,830

801,538

3,090,000

269,132

4,833,500

Clive Carver

1,345,660

1,603,076

750,000

538,264

4,237,000

Edmund Limerick

0

0

750,000

200,000

950,000

 

Total options granted are 37,000,890

The total shares in issue are 420,818,386

Enquiries:

Roxi Petroleum plc +7 727 244 0920

David Wilkes (CEO)

Matrix Corporate Capital LLP Nomad and broker +44 203 206 7000

Louis Castro / Alastair Stratton

Buchanan Communications

Tim Thompson / Ben Romney / Chris McMahon +44 207 466 5000

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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