3rd Jul 2008 07:00
3rd July 2008
Amerisur Resources plc ("Amerisur" or "the Company")
Grant of Share Options
Amerisur Resources plc, the oil and gas explorer and developer focused in South America, announces that on 2 July 2008 the Company's remuneration committee granted the following share options in respect of ordinary shares of 0.1p each in the Company ("Ordinary Shares"):
|
Allotment |
||
|
John Wardle |
Chief Executive Officer |
10,000,000 |
|
Giles Clarke |
Chairman |
5,500,000 |
|
Nick Harrison |
Finance Director |
5,500,000 |
|
Victor Valdovinos |
Regional Director |
1,450,000 |
|
Douglas Ellenor |
Non Executive Director |
1,450,000 |
In accordance with the Company's share option scheme, the remuneration committee has resolved that the exercise price for these options be the average of the mid market price at which the Ordinary Shares were traded on AIM during the five business days prior to grant, following the announcement of the preliminary results for the year ended 31 March 2008 and the end of the Company's close period. This date was the five trading days until 1 July 2008.
The options are to be granted at 7.525 pence per share and have to be exercised, pursuant to the terms of the share option scheme, within five years from the date of being granted.
- Ends -
For further information, please contact:
|
Billy Clegg/Caroline Stewart, Financial Dynamics |
Tel: +44 (0)207 831 3113 |
|
Jerry Keen/Rhod Cruwys, Blue Oar Securities Plc |
Tel: +44 (0)20 7448 4400 |
Related Shares:
AMER.L