14th Nov 2011 07:37
14 November 2011
MAPLE ENERGY PLC
("Maple" or the "Company")
Maple Announces Grant of Options
Maple Energy plc (AIM: MPLE, Lima: MPLE), an integrated energy company with assets in Peru, announces that on 9 November 2011 its Board of Directors authorized on November 11, 2011 the issuance of options to acquire ordinary shares of US$0.01 each in the share capital of the Company to certain members of its executive team, in accordance with the Maple Energy plc Share Option Plan 2007, as amended.
Following this authorization, the Company issued options on 11 November 2011 to the following persons in the specified amounts at an exercise price of 62.5p per option, which shall vest equally over a three year period:
Executive | Position | Options |
Jim Pontiff | Chief Financial Officer
| 130,000 |
Roxana Guzmán | General Counsel and Secretary | 53,000 |
Nabil Katabi | Project Development Manager | 110,000 |
Alfonso Morante | Finance and Investor Relations Manager | 110,000 |
For further information, please contact:
Maple Energy plc (+ 51 1 611 4000)
Rex W. Canon, Chief Executive Officer, President and Executive Director
Jefferies International Limited (+44 20 7029 8000)
Thomas Rider
Buchanan (+44 20 7466 5000)
Mark Edwards
Christian Goodbody
Related Shares:
MPLE.L