30th Mar 2006 08:59
D1 Oils Plc30 March 2006 30 March, 2006 D1 Oils plc ("D1" or "the Company") Grant of Options On 29 March 2006 D1 Oils received notification of the following: 1. On 29 March 2006, the Company granted options over 500,000 ordinary shares to Elliott Mannis, Chief Executive of the Company, under the D1 Oils share options plan at an exercise price of 200p per ordinary share. The options will vest as follows: one third from 29 March 2007, and thereafter one thirty sixth each month over the following 24 months. The options will lapse on 28 March 2016. This grant is in addition to 165,238 options previously granted to Mr Mannis. Mr Mannis also holds 93,516 ordinary shares representing 0.3% of the issuedordinary share capital of the Company. 2. On 29 March 2006, the Company granted options over 170,454 ordinary shares to Steve Douty, Regional Director of the Company, under the D1 Oils share options plan at an exercise price of 264p per ordinary share. The options will vest as follows: one third from 29 March 2007, and thereafter one thirty sixth each month over the following 24 months. The options will lapse on 28 March 2016. This grant is in addition to 188,572 options already granted to Mr Douty. Mr Douty also holds 23,390 ordinary shares representing 0.07% of the issuedordinary share capital of the Company. 3. On 29 March 2006, the Company granted options over 136,364 ordinary shares to Peter Campbell, Operations Director of the Company, under the D1 Oils share options plan at an exercise price of 264p per ordinary share. The options will vest as follows: one third from 29 March 2007, and thereafter one thirty sixth each month over the following 24 months. The options will lapse on 28 March 2016. This grant is in addition to 145,959 options already granted to Mr Campbell. Mr Campbell also holds 250,000 ordinary shares representing 0.79% of the issuedordinary share capital of the Company. Contacts: D1 Oils:Graham Prince, Communications DirectorMobile: +44 (0) 7973 323840 Brunswick Group:Helen Barnes, AssociateTel: +44 (0) 20 7404 5959 Notes to Editors D1 Oils plc is a UK-based global producer of biodiesel. We are building a globalsupply chain and network that is sustainable and delivers value from"earth-to-engine". Our operations cover agronomy, refining and trading. We arepioneering the science, planting and production of inedible vegetable oils; wedesign, build, own, operate and market biodiesel refineries; and we source,transport and trade seeds and seedlings, seedcake, crude vegetable oils andbiodiesel. Our vision is to be the world's leading biodiesel business. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
NEOS.L