23 Apr 2014 16:02
IGas Energy plc ("IGas" or the "Company")
IGas Share Incentive Plan
The Company announces that on 22 April 2014, a total of 91,239shares were allotted to employees under the IGas Energy Share Incentive Plan ("SIP"), with reference to the mid-market opening price for the measurement period of 108p.
The Executive Directors subscribed for their full entitlement under the monthly Subscription and, accordingly, have been allotted shares under the SIP as set out below:
Andrew Austin 1,044
Stephen Bowler 1,044
John Blaymires 1,044
Following these Subscriptions, the Executive Directors' shareholdings are as follows:
Andrew Austin 10,969,226
Stephen Bowler 79,973
John Blaymires 29,973
Following the total Subscription, the issued share capital of the Company has increased to 206,316,001. The total number of voting rights in IGas is 206,316,001, which should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in IGas under the Financial Conduct Authority's Disclosure and Transparency Rules.
ENQUIRIES
For further information please contact:
IGas Energy plc Tel: +44 (0)20 7993 9899
Andrew Austin, Chief Executive Officer
Stephen Bowler, Chief Financial Officer
Jefferies International Limited Tel: +44 (0)20 7029 8000
Sara Hale
Graham Hertrich
Canaccord Genuity Tel: +44 (0)20 7523 8000
Tim Redfern
Henry Fitzgerald-O'Connor