30th May 2006 09:56
Forum Energy Plc30 May 2006 26 May 2006 Forum Energy Plc ('Forum' or 'the Company') Grant of Options Following the appointment of Russell Harvey as Chief Executive Officer, theBoard have granted options over 500,000 ordinary shares of 10p each in thecapital of the Company, at an exercise price of 93.5p per ordinary share. Theoptions were granted under the Forum Energy Share Option Plan. The options willbe exercisable from 25 May 2007 and will lapse on 25 May 2016. The options areexercisable earlier in certain circumstances, as set out in the Scheme Rules. Inaddition to these options the Company is implementing a long term incentive planscheme with which to offer further incentives to Russell Harvey. Furtherinformation will be made available on this scheme in the near future. For further information please contact: Alan Henderson, Forum Energy Plc: +44 (0) 19 3244 5344 Adam Westcott, Noble & Company Limited: +44 (0) 20 7763 2200 Ian Foster, First City Financial Public Relations: +44 (0) 20 7436 7486 +44 (0) 7739 185 050 Or visit the Company's website: www.forumenergyplc.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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