19 Sep 2014 07:00
19 September 2014 For Immediate Release
InfraStrata plc
("InfraStrata" or the "Company")
Share Options Granted
InfraStrata plc (AIM:INFA) announces that as part of its annual salary review it has granted options over 2,234,000 Ordinary Shares at an exercise price of 10p per Ordinary Share to all employees and Directors under the terms of the Company Share Option Plan. The options issued represent 2.25% of the total issued share capital of the Company. These options are not exercisable until 19 September 2015. The grant of options included the following grants to Directors:
Director | Options granted | Resultant option holding | Beneficial shareholding | Potential total beneficial interest |
Kenneth Ratcliff | 150,000 | 315,332 | 104,000 | 419,332 |
Andrew Hindle | 800,000 | 1,799,881 | 7,422,625 | 9,222,506 |
Stewart McGarrity | 600,000 | 1,118,918 | - | 1,118,918 |
Walter Roberts | 60,000 | 562,750 | 1,132,378 | 1,695,128 |
Maurice Hazzard | 60,000 | 139,290 | 19,326 | 158,616 |
William Colvin | 60,000 | 117,361 | 272,727 | 390,088 |
For further information please contact:
InfraStrata plc
Andrew Hindle, Chief Executive Officer 020 8332 1200
Stewart McGarrity, Finance Director
Financial PR - Buchanan
Richard Darby/Gabriella Clinkard/Anna Michniewicz 020 7466 5000
Nominated Advisor and Broker - Arden Partners plc
Chris Hardie 020 7614 5917
Notes to Editors:
Background on InfraStrata plc
InfraStrata is an independent petroleum exploration and gas storage company. The Company is focused on two areas in the UK, in Dorset, England and Antrim, Northern Ireland.
Further information is available on the Company's website www.infrastrata.co.uk.