12th Sep 2007 07:01
Meridian Petroleum PLC12 September 2007 12 September 2007 AIM: MRP Meridian Petroleum ("Meridian" or the "Company") Grant of Options Meridian Petroleum plc (AIM:MRP) announces that Stephen Gutteridge,non-executive Chairman of the Company, has today been granted options entitlinghim to acquire 400,000 ordinary shares of 5p each in the Company under thestandard terms of the Company's Unapproved Share Option Plan. The options havean exercise price of 12.5p per ordinary share (based on mid-market closing priceon 11 September 2007) and are exercisable, subject to conditions, over theperiod 12 September 2007 to 11 September 2017. The total number of options granted to Mr Gutteridge, including the above grantis 1,250,000. Ends For further information contact: Meridian Petroleum Plc Ambrian Partners Parkgreen CommunicationsStephen Gutteridge, Chairman Tim Goodman Simon Robinson+44 (0) 20 7811 0140 Richard Greenfield Erica Nelson +44 (0) 20 7776 6400 +44 (0) 20 7851 7480 Tony Mason, CEO+1 713 599 1611 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
PPC.L