25th Apr 2008 14:51
Afren PLC25 April 2008 Afren plc (AFR LN) ('Afren' or 'the Company') Award of Options The Company announces that on 25 April 2008, the Board of Directors approved thefollowing share options award over ordinary shares of 1p each in the Company fornil consideration under the Afren plc Share Option Scheme. These awards weremade in conjunction with the appointment of Constantine Ogunbiyi to the Board asexecutive Director. Director Number of Share Options Exercise Price Awarded Constantine Ogunbiyi 250,000 150p 750,000 190p Twenty per cent. of the options are exercisable on the first anniversary ofaward and forty per cent. are exercisable on each of the followinganniversaries. Enquiries: Afren plc +44 20 7451 9700Shirin Johri, Company SecretaryJefferies International Limited +44 20 7029 8000Oliver GriffithsPelham Public Relations +44 20 7743 6676Alisdair Haythornthwaite This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AFR.L