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Grant of options

25th Jul 2006 07:01

Forum Energy Plc25 July 2006 25 July 2006 Forum Energy Plc ('Forum' or 'the Company') Grant of Options Following the appointment of Oscar de Venecia as non-executive director, on 24July 2006 the Board granted options over 54,000 ordinary shares of 10p each inthe capital of the Company, at an exercise price of 68p per ordinary share. Theoptions were granted under the Forum Energy Share Option Plan ("the Plan"). Theoptions will be exercisable from 24 July 2008 and will lapse on 24 July 2016.The options are exercisable earlier in certain circumstances, as set out in theRules of the Plan. For further information please contact: Alan Henderson, Forum Energy Plc: +44 (0)19 3244 5344 Mark Froggatt, 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 Exchange

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