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Award of Share Options

13 Jan 2012 09:44

RNS Number : 5232V
Serica Energy plc
13 January 2012
 



Serica Energy plc

("Serica" or the "Company")

 

Award of Share Options

 

London, 13 January 2012 - Serica Energy plc (TSX: SQZ; AIM: SQZ) announces that on Wednesday 11 January 2012, the following share option awards were made under the Company's Share Option Plan 2005 as amended:

 

Chris Hearne, CFO - 402,190

Peter Sadler, Business Development Director - 457,500

 

The exercise price for the awards is the middle market price of the Company's shares on AIM on 10 January 2012 which was 21.375p per ordinary share. The awards granted are subject to performance criteria and will first vest in three years and expire after ten years.

 

 

13 January 2012

 

 

Tony Craven Walker, Chairman

tony.cravenwalker@serica-energy.com

+44 (0)20 7487 7300

Chris Hearne, CFO

chris.hearne@serica-energy.com

+44 (0)20 7487 7300

J.P.Morgan Cazenove

Patrick Magee

patrick.magee@jpmorgancazenove.com

+44 (0)20 7588 2828

RBC Capital Markets

Josh Critchley

joshua.critchley@rbccm.com

+44 (0)20 7002 2435

Matthew Coakes

matthew.coakes@rbccm.com

+44 (0)20 7653 4871

College Hill

Nick Elwes

nick.elwes@collegehill.com

+44 (0)20 7457 2020

 

 

To receive Company news releases via email, please contact nick.elwes@collegehill.com and specify "Serica press releases" in the subject line.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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