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Option grant

27th Jun 2006 15:56

Sound Oil PLC27 June 2006 Sound Oil plc Grant of options Sound Oil plc ("Sound Oil" or the "Company") (AIM: SOU), the upstream oil andgas company, announces that on 26 June 2006 (as disclosed in its recentadmission document) it made the following option grants to directors of theCompany: Gerry Orbell (Chairman and Chief Executive) was granted options over1,400,000 Sound Oil ordinary shares; and Tony Heath (Finance Director) wasgranted options over 700,000 Sound Oil ordinary shares. The options areexercisable at a price of 7.25p per share (the price of the recently announcedplacing by the Company) at any time between six months and six years after thedate of grant. This information is provided by RNS The company news service from the London Stock Exchange

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