13 Jan 2012 09:44
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 |
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Serica Energy (SQZ)