31st Jan 2014 14:59
LONDON (Alliance News) - Falkland Oil and Gas Limited PLC Friday said Chief Executive Tim Bushell exercised options over 96,154 shares under the company share plan at an exercise price of 0.002 pence per share Wednesday.
Following this transaction, Bushell holds 256,154 shares, which represents 0.05% of the issued share capital.
The company also said Executive Director Colin More exercised options over 86,538 shares at the same price. His total shareholding is now 166,538 shares.
Shares in the oil and gas company were down 1.0% at 24.50 pence Friday.
By Arvind Bhunjun; [email protected]; @arvindbhunjun
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