Grant of options

26 Oct 2011 07:00

Grant of options to Mr Bill Adamson

Europa Oil & Gas (Holdings) plc ("Europa" or the "Company"), the oil and gas explorer and producer with assets onshore UK, Romania and France and Offshore Ireland, announces an award of stock options to non-executive chairman Bill Adamson. The grant, which was an entitlement following his appointment on 7th April 2010, is for a further 250,000 options over ordinary shares in the Company. All the options have an exercise price of 10p and a 10 year life. One third of the options are exercisable after 18 months, a further third after 30 months and the balance after 42 months. Following this grant Mr Adamson holds options over a total of 500,000 ordinary shares in the Company.

Further information:

Europa Oil & Gas Tel: +44 1235 553 266

Hugh Mackay / Phil Greenhalgh

finnCap Tel: +44 20 7220 0500

Sarah Wharry / Henrik Persson, Corporate Finance

Joanna Weaving, Corporate Broking