2 Jan 2013 14:44
For Immediate Release | 2 January 2013 |
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 2,558,945 Ordinary Shares at an exercise price of 10.46p per Ordinary Share (being the average middle-market closing price on the three days immediately preceding the date of grant) to all employees and Directors under the terms of the Company Share Option Plan. The options issued represent 2.81% of the total issued share capital of the Company. These options are not exercisable until 1 January 2014. The grant of options included the following grants to Directors:
Director | Options granted | Resultant option holding | Beneficial shareholding | Potential total beneficial interest |
Kenneth Ratcliff | 143,403 | 165,332 | 104,000 | 269,332 |
Andrew Hindle | 956,022 | 999,881 | 7,172,625 | 8,172,506 |
Craig Gouws | 458,891 | 502,750 | 277,226 | 779,976 |
Walter Roberts | 458,891 | 502,750 | 1,132,378 | 1,635,128 |
Maurice Hazzard | 57,361 | 79,290 | 19,326 | 98,616 |
William Colvin | 57,361 | 57,361 | 272,727 | 330,088 |
For further information please contact:
InfraStrata plc
Andrew Hindle, Chief Executive Officer 020 8332 1200 Craig Gouws, Chief Financial Officer
Financial PR - Buchanan
Richard Darby 020 7466 5000
Gabriella Clinkard
Nominated Advisor and Broker - Arden Partners plc
Richard Day 020 7614 5917
Justine Waldisberg
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.