7th Aug 2006 16:11
BowLeven Plc07 August 2006 7 August 2006 BowLeven Plc ('the Company' or 'BowLeven') Grant of Options On 3 August 2006 the Board of BowLeven granted options over 81,927 ordinaryshares of 10p in the Company, at an exercise price of 207.5 pence per ordinaryshare, to Jerry Anthony, Exploration Director of the Company. These UnapprovedOptions are being granted pursuant to the BowLeven Plc Employee Share OptionScheme for Approved Options and Unapproved Options and will be exercisable from3 August 2008 until 2 August 2016. The Board also granted Unapproved Options over 81,926 ordinary shares to certainother employees of BowLeven at an exercise price of 207.5 pence per share andexercisable from 3 August 2008 until 2 August 2016. The option exercise price is the Company's closing share price on 2 August 2006. There is no performance condition applied to either the Approved Options or theUnapproved Options. For further information contact: Peter Wilson, BowLeven Plc 0131 260 5100Mark Froggatt, Noble & Company Limited 020 7763 2200Neil Bennett, Maitland 020 7379 5151 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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