29th Mar 2007 07:01
Afren PLC29 March 2007 Afren plc ('Afren' or 'the Company') Award of Share Options The Company announces that on Wednesday 28 March 2007 the Board of Directorsapproved the following share option award over ordinary shares of 1p each ("Ordinary Shares") in the Company for nil consideration under the Afren plc ShareOption Scheme: Director Number of Share Options Total Number of Awarded Wednesday 28 Director's Options March following this notification Osman Shahenshah 1,250,000 4,400,000Evert Jan Mulder 3,000,000 3,000,000Egbert Imomoh 750,000 2,750,000 The newly awarded share options are split equally with exercise prices of 80p,120p and 180p. The options are exercisable from the date of award for 10 years. Enquiries Osman Shahenshah Chief Executive Officer Afren plc + 44 20 7182 1800 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AFR.L