6th Dec 2006 15:24
Forum Energy Plc06 December 2006 6 December 2006 Forum Energy Plc ("Forum" or the "Company") Grant of options On 5 December 2006 the Board of Forum granted options over a total of 1,051,000ordinary shares in the Company, equating to 3.68% of the issued share capital ofthe Company, to Directors and other employees of the Company. These options arebeing granted pursuant to the Forum Energy Share Option Plan (the "Plan") andthe Long Term Incentive Plan (the "LTIP"). These grants include awards over 375,000 shares to Directors of the Companypursuant to the Plan as detailed below: Name No. of shares Exercise Exercise period price 1. Russell Harvey 33,334 73.5p 6 December 2007 - 6 December 2016 33,333 73.5p 6 December 2008 - 6 December 2016 33,333 73.5p 6 December 2009 - 6 December 2016 2. Alan Henderson 50,000 73.5p 6 December 2007 - 6 December 2016 50,000 73.5p 6 December 2008 - 6 December 2016 50,000 73.5p 6 December 2009 - 6 December 2016 3. Graeme Thomson 8,334 73.5p 6 December 2007 - 6 December 2016 8,333 73.5p 6 December 2008 - 6 December 2016 8,333 73.5p 6 December 2009 - 6 December 2016 4. Ian Baron 8,334 73.5p 6 December 2007 - 6 December 2016 8,333 73.5p 6 December 2008 - 6 December 2016 8,333 73.5p 6 December 2009 - 6 December 2016 5. Barry Stansfield 8,334 73.5p 6 December 2007 - 6 December 2016 8,333 73.5p 6 December 2008 - 6 December 2016 8,333 73.5p 6 December 2009 - 6 December 2016 6. Harry Wilson 8,334 73.5p 6 December 2007 - 6 December 2016 8,333 73.5p 6 December 2008 - 6 December 2016 8,333 73.5p 6 December 2009 - 6 December 2016 7. Oscar de Venecia 8,334 73.5p 6 December 2007 - 6 December 2016 8,333 73.5p 6 December 2008 - 6 December 2016 8,333 73.5p 6 December 2009 - 6 December 2016 The options granted under the Plan are exercisable earlier in certaincircumstances, as set out in the Rules of the Plan. The options awarded underthe LTIP are subject to the performance criteria being met as detailed in theRules of the LTIP. For further information please contact: Forum Energy Plc:Russell Harvey Tel: +44 (0)1932 445344 Noble & Company Ltd:Adam Westcott Tel: +44 (0)207 763 2200 Pelham Public Relations:James Henderson Tel: +44 (0)20 7743 6673 Mob: +44 (0)7774 444163Charles Vivian Tel: +44 (0)20 7743 6672 Mob: +44 (0)7977 297903 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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