Egdon Resources PLC Grant of Options (7596F)
November 16 2015 - 3:00AM
UK Regulatory
TIDMEDR
RNS Number : 7596F
Egdon Resources PLC
16 November 2015
16(th) November 2015
EGDON RESOURCES PLC
("Egdon" or "the Company")
Grant of Options
Egdon Resources plc (AIM:EDR) announces that as part of its
annual incentive review it has granted options to the following
Directors.
Director Number of Exercise Price Vesting Date Exercisable
Options granted (pence) Until
1 August 31 December
Mark Abbott 979,381 9.7 2016 2026
1 August 31 December
Jerry Field 824,742 9.7 2016 2026
Following the grant of the options, which are effective 14(th)
November, the interests of the Directors in the share capital of
the Company are as follows:
Director Total number of Options Number of Ordinary
held over Ordinary Shares held
Shares
Mark Abbott 2,561,535 7,563,824
Jerry Field 2,497,617 0
In addition the Company has granted options to employees on the
same basis as Directors. The total number of options granted to
Directors and employees of the Company is 4,134,021.
For further information please contact:
Egdon Resources plc
Mark Abbott, Jerry Field 01256 702 292
Buchanan
Richard Darby, Anna Michniewicz 020 7466 5000
Nominated Adviser and Broker - Cantor Fitzgerald Europe
David Porter, Sarah Wharry (Corporate Finance) 020 7894 7000
Richard Redmayne (Corporate Broking)
Joint Broker - VSA Capital Limited
Andrew Monk (Corporate Broking) 020 3005 5000
Andrew Raca (Corporate Finance)
Notes to Editors:
Egdon Resources plc (LSE: EDR) is an established UK-based
exploration and production company primarily focused on onshore
exploration and production in the hydrocarbon-producing basins of
the UK and France.
Egdon currently holds interests in thirty six licences in the UK
and France and has an active programme of exploration, appraisal
and development within its balanced portfolio of oil and gas
assets. Egdon is an approved operator in both the UK and
France.
Egdon was formed in 1997 and listed on AIM in December 2004.
In accordance with the AIM Rules - Note for Mining and Oil and
Gas Companies, the information contained in this announcement has
been reviewed and signed off by the Managing Director of Egdon
Resources plc Mark Abbott, a Geoscientist with over 27 years'
experience.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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