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Share Option Scheme

4 Oct 2011 15:10

RNS Number : 5403P
Green Dragon Gas Ltd
04 October 2011
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4 October 2011

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GREEN DRAGON GAS LTD

("Green Dragon Gas" or "the Company")

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Second Share Option Scheme

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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 SecondΒ Share Option Scheme was approved by the shareholders of the Company during the Annual General Meeting held on 15 June 2011.

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For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:

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Stephen Hill, VP Corporate Communications

Green Dragon Gas

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+852 3710 0168

Dr Azhic Basirov / David Jones

Smith & Williamson - Nomad & Broker

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+44 20 7131 4000

Tim Redfern / Anu Tayal / Adam James

Evolution Securities - Broker

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+44 20 7071 4312

Paul Connolly / John Dwyer / Steve Baldwin

Macquarie Capital (Europe) - Broker

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+44 20 3037 2000

James Henderson / Phillip Dennis

Pelham Bell Pottinger - Investor Relations

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+44 20 7861 3800

Robyn Joseph

Kreab Gavin Anderson - Public Relations

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+852 3753 6020

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