Sign In
Last checked at 
3 Sep 2013 07:30
ïŧŋ
Rose Petroleum plc (the "Company")
Â
Grant of Options
Â
The Company has today granted options over ordinary shares of 0.1p in the Company ("Ordinary Shares") under the Company's share option schemes ("Options"). A total of 70,400,000 Options have been granted to certain directors and senior employees as set out below:
Â
Name of Director / employee | Number of Options granted | Exercise price per Option | Total number of options now held |
Richard Kilmorey, Chairman | 7,500,000 | 1.125p | 8,250,000 |
Matthew Idiens, CEO | 15,800,000 | 1.125p | 21,800,000 |
Kelly Scott, Technical Director | 23,800,000 | 0.475p | 23,800,000 |
Fivos Spathopoulos | 15,800,000 | 0.475p | 15,800,000 |
Matthew Frost | 7,500,000 | 0.475p | 7,500,000 |
Â
Each Option is exercisable into one ordinary share of 0.1p each in the Company and can be exercised as to a third after one year, a third after two years and a third after three years up until 1 September 2023.
Â
The new Options granted today represent approximately 8.88% of the Company's current issued share capital and there are now a total of 96,500,000 options over Ordinary Shares outstanding, representing approximately 12.2% of the Company's current issued share capital.
Â
For further information, please contact:
Â
Rose Petroleum Plc Matthew Idiens, CEO | +44 (0) 20 7225 4595 |
Allenby Capital (Nominated Adviser and Broker) Jeremy Porter/Alex Price  | +44 (0) 20 3328 5656 |
Bankside Consultants Simon Rothschild | +44 (0) 20 7367 8888 |
Â
Â
Follow the stocks
