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Last checked at 
15 Dec 2011 12:38
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The following replaces the 'Award of options' announcement released todayΒ atΒ 07:00 under RNS No 0090U.
The announcement has the following changes:
David Wilkes - 12p LTIPs - the total quoted was 2,534,918, now reads 2,354,918
Clive Carver - 38p LTIPs - the total quoted was 1,435,660, now reads 1,345,660
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For immediate release 15 December 2011
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Roxi Petroleum plc
("Roxi" or the "Company")
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Award of options
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Roxi , the Central Asian oil and gas company with a focus on Kazakhstan, and its Remuneration Committee are pleased to announce that on 14 December 2011 18,500,000 new options were granted exercisable at 4p, a 10% premium to the closing mid market price,. The recipients include Directors of the Company as follows
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David Wilkes | 4,800,000 |
Kuat Oraziman | 4,200,000 |
Hyun sik Jang | 4,200,000 |
Clive Carver | 2,400,000 |
Edmund Limerick | 1,200,000 |
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The options will vest only after the commencement of production.
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Following the grant of these new options there will be 56,521,429 options in issue. The total number of shares in issue is 609,590,281.
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The options granted to Directors, including in previous awards, is summarised below
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Exercise price | 4p | 12p | 13p | 38p | 65p |
Β | Β | Β | Β | Β | Β |
David Wilkes | 4,800,000 | 2,354,918 | 3,860,000 | 1,162,555 | 1,462,618 |
Kuat Oraziman | 4,200,000 | 269,132 | 3,090,000 | 672,830 | 801,538 |
HyunΒ sik Jang | 4,200,000 | 750,000 | 3,090,000 | 0 | 0 |
Clive Carver | 2,400,000 | 538,264 | 750,000 | 1,345,660 | 1,603,077 |
Edmund Limerick | 1,200,000 | 200,000 | 750,000 | 0 | 0 |
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Enquiries
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Roxi Petroleum plc Clive Carver, Chairman David Wilkes, CEO | +7 727 244 0920 |
Strand Hanson Limited Andrew Emmott / Cordelia Orr-Ewing | +44 (0) 20 7409 3494 |
Renaissance Capital Limited John Porter / James Etherington | +44 (0) 20 7367 8242 |
Buchanan (Financial PR) Tim Thompson / Ben Romney / Helen Chan Β | +44 (0) 20 7466 5000 |
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