25th Mar 2011 13:46
For immediate release 25 March 2011
LENI GAS & OIL PLC
("The Company")
Director's Dealings
The Company was informed today that Neil Ritson, Director, has today purchased 2.5 million ordinary shares of 0.05p each in the Company at a price of 2.697pence per share. This purchase takes Mr Ritson's total holding to 7.5 million ordinary shares, representing 0.82% of the total issued share capital.
Mr Ritson also holds 25 million options to subscribe for ordinary shares in the Company that expire on 18 November 2013 at the following exercise prices:
Options granted | Exercise price per share |
10 million | 3 pence |
5 million | 4 pence |
5 million | 5 pence |
5 million | 6 pence |
In addition, Mr Ritson will be granted 20 million ordinary shares upon the Company share price reaching 20 pence prior to 31 December 2012.
Enquiries:
Leni Gas & Oil Plc
David Lenigas Tel: +44 (0)20 7016 5100
Beaumont Cornish
Roland Cornish Tel: +44 (0)20 7628 3396
Rosalind Hill Abrahams Tel: +44 (0)20 7628 3396
ENDS
Related Shares:
CERP.L