9 Nov 2010 15:13
PetroNeft Resources plc
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("PetroNeft" or the "Company")
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Exercise of Options
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PetroNeftΒ received notification today that on 9 November 2010,Β pursuant to a court order,Β David Sanders, Executive Director and General Counsel of PetroNeft,Β exercised options over 880,000 ordinary shares of nominal value β¬0.01 each ("Ordinary Shares") of the Company, at an exercise price of β¬0.295 each and sold such Ordinary Shares at 56.5p.
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For further information, contact:
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Paul Dowling, CFO, PetroNeft Resources plc
+353 1 443 3720
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