19th Dec 2006 07:01
Afren PLC19 December 2006 19 December 2006 Afren plc ('Afren' or 'the Company') Award of Share Options The Company announces that on Monday 18 December the Board of Directors approvedthe following share option award over ordinary shares of 1p each ("OrdinaryShares") in the Company for nil consideration under the Afren plc Share OptionScheme: Director Number of Share Options Total Number of Director's Awarded Monday 18 Options following this December notification Dr Rilwanu Lukman 500,000 755,000 The exercise price for the new award is 50p and the options are exercisable fromthe date of award for seven years. Dr Lukman also is the beneficial owner of 7,437,500 Ordinary Shares representing3.88% of the issued share capital of the Company. Enquiries Osman ShahenshahChief Financial Officer and Company SecretaryAfren plc + 44 20 7182 1800 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AFR.L