Grant of Options

RNS Number : 6915M
Sound Oil PLC
27 May 2010
 



27 May 2010

 

Sound Oil plc

("Sound Oil" or the "Company")

 

Grant of options

 

Sound Oil plc ("Sound Oil" or the "Company") (AIM: SOU), the upstream oil and gas company with assets in Indonesia, announces that the board of the Company has today granted a total of 6,900,000 share options to certain employees and directors of the Company.

 

Gerry Orbell (Chairman and Chief Executive) was granted options over 1,725,000 ordinary shares in the Company ("Ordinary Shares"); Tony Heath (Finance Director) was granted options over 1,035,000 Ordinary Shares; and Jossy Rachmantio (Director) was granted options over 1,035,000 Ordinary Shares. The options are exercisable at a price of 1.50p per share up to three years after the date of grant.

 

Further information on the Company can be found at www.soundoil.co.uk.

 

Enquiries:

 

Sound Oil

07903 861145

Gerry Orbell, Chairman




Smith & Williamson Corporate Finance - Nomad

020 7131 4000

Azhic Basirov


David Jones




Evolution Securities - Joint Broker

020 7071 4300

Tim Redfern




Religare Hichens, Harrison - Joint Broker

020 7382 7776

Daniel Briggs




Buchanan Communications

020 7466 5000

Tim Thompson


 


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