Last checked at 4 May 2016 07:00
4 May 2016
Tlou Energy Limited
("Tlou" or "the Company")
Expiration of Options
The Company announces that a total of 10,750,000 options exercisable at AU$0.625 on or before 30 April 2016 ("Options") have now expired without any of these Options being exercised ("Expiration of Options"). Following the Expiration of Options, the Company has the following options outstanding:
Number of Options | Exercise Price AUD | Expiry Date |
1,500,000 | $0.14 | 29/11/2017 |
500,000 | $0.14 | 13/01/2018 |
Details of options held by Directors are shown below:
Director | Number of Options held pre Expiration of Options | Number of Options held post Expiration of Options |
Martin McIver | 250,000 | 0 |
Anthony Gilby | 4,000,000 | 0 |
Gabaake Gabaake | 100,000 | 0 |
Colm Cloonan | 250,000 | 0 |
Enquiries:
Tlou Energy Limited Anthony Gilby, Managing Director Solomon Rowland, Company Secretary www.tlouenergy.com
| +61 7 3012 9793 |
Grant Thornton Jen Clarke, Colin Aaronson, Harrison Clarke
| +44 (0)20 7383 5100 |
Brand Hill Jonathan Evans, Alex Walker |
+44 (0)20 3463 5016 |