Share Option Scheme

RNS Number : 5403P

Green Dragon Gas Ltd

04 October 2011

 



4 October 2011

GREEN DRAGON GAS LTD

("Green Dragon Gas" or "the Company")

Second Share Option Scheme

Green Dragon Gas, one of the largest independent companies involved in the production of CBM gas and the distribution and sale of wholesale gas in China, announces that the Remuneration Committee proposed and the Board approved and adopted yesterday's closing price of US$8.00 per share as the fixed price of the second share option scheme for the Company's Directors, management and employees (the "Second Share Option Scheme").  This Second Share Option Scheme was approved by the shareholders of the Company during the Annual General Meeting held on 15 June 2011.

For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:

Stephen Hill, VP Corporate Communications Green Dragon Gas	[phone]
Dr Azhic Basirov / David Jones Smith & Williamson - Nomad & Broker	[phone]
Tim Redfern / Anu Tayal / Adam James Evolution Securities - Broker	[phone]
Paul Connolly / John Dwyer / Steve Baldwin Macquarie Capital (Europe) - Broker	[phone]
James Henderson / Phillip Dennis Pelham Bell Pottinger - Investor Relations	[phone]
Robyn Joseph Kreab Gavin Anderson - Public Relations	[phone]

 

END

 

 

MSCEALELEENFFFF