7th Apr 2011 16:35
Serica Energy plc
("Serica" or the "Company")
AWARD OF SHARE OPTIONS TO EXECUTIVE DIRECTORS
London, 7 April 2011 - Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) announces that on Tuesday 5 April 2011, the following share option award was made under the Company's Share Option Plan 2005 as amended.
Director | Number of Share Options Awarded | Total Number of Options Held |
Chris Hearne (CFO) | 200,000 | 2,035,000 |
The exercise price for the award was the middle market price on AIM on 4 April 2011, which was 31.375p per ordinary share. The award granted is subject to performance criteria and will first vest in three years and expire after ten years.
Enquiries:
Serica Energy plc | |||||
Tony Craven Walker, Chairman | +44 (0)20 7487 7300 |
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Chris Hearne, CFO | +44 (0)20 7487 7300 |
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J.P.Morgan Cazenove |
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Patrick Magee | +44 (0)20 7588 2828 |
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RBC Capital Markets |
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Josh Critchley | +44 (0)20 7002 2435 |
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Matthew Coakes | +44 (0)20 7653 4871 |
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CollegeHill |
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Nick Elwes | +44(0)20 7457 2020 |
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Simon Whitehead | +44 (0)20 74572020 |
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To receive Company news releases via email, please contact [email protected] and specify "Serica press releases" in the subject line
Related Shares:
Serica Energy