13th Aug 2007 17:43
Serica Energy plc13 August 2007 Serica Energy Plc ("Serica" or the "Company") GRANT OF OPTIONS London, 13 August 2007 - Serica Energy plc (TSX Venture & AIM: SQZ) announcesthe award of options over the Company's ordinary shares. Under the terms of the Serica Share Option Plan, approved by shareholders at theCompany's recent Annual General Meeting, the following options over OrdinaryShares in the Company have been granted: Name Position Options awarded Exercise price Percentage of per share issued share capital Tony Non-executive 300,000 0.985p 0.198%Craven Walker Chairman Neil Pike Non-executive 300,000 0.985p 0.198% Director Ian Vann Non-executive 300,000 0.985p 0.198% Director Steve Theede Non-executive 300,000 0.985p 0.198% Director These options vest in equal tranches over a three year period and are subject toperformance conditions before they are capable of being exercised. Enquiries: Serica Energy plcPaul Ellis, [email protected] +44 (0)20 7487 7300 Chief Executive OfficerChris Hearne, [email protected] +44 (0)20 7487 7300 Finance Director JPMorgan CazenoveSteve Baldwin [email protected] +44 (0)20 7588 2828 Tristone CapitalMajid Shafiq [email protected] +44 (0)20 7355 5872 Pelham Public Relations -UKJames Henderson [email protected] +44 (0)20 7743 6673Alisdair Haythornthwaite [email protected] +44 (0)20 7743 6676 CHF - CanadaKelly Cody [email protected] +1 416 868 1079 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Serica Energy