17th Jan 2014 11:16
LONDON (Alliance News) - Ithaca Energy Inc said certain employees including its non-executive chairman Jack Lee, Chief Development Officer John Woods and non-executive director Brad Hurtubise exercised options at prices ranging between CAD0.25 and CAD2.25 per share on Thursday. The number of exercised options is shown below:
Jack Lee Director 100,000
Brad Hurtubise Director 200,000
John Summers Director 333,333
Frank Wormsbecker Director 200,000
Jay Zammit Director 100,001
John Woods Officer 600,000
On the same day, certain directors and officers sold shares at a price of 145 pence per share as shown below:
Brad Hurtubise Director 115,000
John Summers Director 215,000
Frank Wormsbecker Director 100,000
Jay Zammit Director 100,001
John Woods Officer 600,000
The company said a further 981,667 options have been exercised by other employees of the company and that its Chief Technical Officer, Nick Muir also sold 295,000 shares on Thursday at a price of 145 pence per share.
Ithaca Energy shares were down 1.7% to 142.50 pence Friday.
By Tom McIvor; [email protected]; @TomMcIvor1
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