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4 Oct 2011 15:10
4 October 2011
GREEN DRAGON GAS LTD
("Green Dragon Gas" or "the Company")
Second Share Option Scheme
Green Dragon Gas, one of the largest independent companies involved in the production of CBM gas and the distribution and sale of wholesale gas in China, announces that the Remuneration Committee proposed and the Board approved and adopted yesterday's closing price of US$8.00 per share as the fixed price of the second share option scheme for the Company's Directors, management and employees (the "Second Share Option Scheme"). This Second Share Option Scheme was approved by the shareholders of the Company during the Annual General Meeting held on 15 June 2011.
For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:
Stephen Hill, VP Corporate Communications Green Dragon Gas
| +852 3710 0168 |
Dr Azhic Basirov / David Jones Smith & Williamson - Nomad & Broker
| +44 20 7131 4000 |
Tim Redfern / Anu Tayal / Adam James Evolution Securities - Broker
| +44 20 7071 4312 |
Paul Connolly / John Dwyer / Steve Baldwin Macquarie Capital (Europe) - Broker
| +44 20 3037 2000 |
James Henderson / Phillip Dennis Pelham Bell Pottinger - Investor Relations
| +44 20 7861 3800 |
Robyn Joseph Kreab Gavin Anderson - Public Relations
| +852 3753 6020 |
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