28th Jun 2007 09:25
Empyrean Energy PLC28 June 2007 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) Grant of Options ----------------- Empyrean today announces that it has resolved to grant options over 2,450,000 ordinary shares of 0.2p each in the Company to management. It has been resolved that Options over 1,000,000 ordinary shares of 0.2p each will be granted to both Mr Thomas Kelly (Executive Director) and Mr Frank Brophy (Technical Director), with 200,000 options to be granted to Dr Patrick Cross (Chairman). An additional 250,000 options will be granted to various employees and consultants of the Company. The options will be granted with an exercise price of £0.50 per share. All options will expire 3 years from the date of the grant. For further informationCharlie Geller/ Ed PortmanConduit PRTel: +44 (0) 207 429 6605/ +44 (0) 7979955923 Empyrean Energy plcTel: +44(0) 207 182 1746 Rod Venables/ Cecil JordaanHB CorporateTel: +44(0) 207 510 8600 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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