RNS Number : 6304A
Sound Oil PLC
30 September 2015
 

30 September 2015

 

Sound Oil plc

("Sound Oil" or the "Company")

 

Issue of Options and Director's Dealing

 

Sound Oil, the Mediterranean focused upstream gas company, announces that on 25 September 2015 it issued of a total of 3,700,000 options to subscribe for new ordinary shares in the Company at a price of 14.25 pence per ordinary share (the "Options"). 

 

The Options will vest on 25 September 2018 and will be exercisable thereafter at any time until 25 September 2020.

 

James Parsons, the Company's Chief Executive Officer and a director of the Company, has been issued with 1,250,000 of the Options.

 

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Alexandra Roper

 

Tel: 44 (0)20 7016 9573

Sound Oil

James Parsons, Chief Executive Officer

 

j.parsons@soundoil.co.uk

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes

 

Tel: 44 (0)20 7131 4000

Cantor Fitzgerald Europe - Broker

Sarah Wharry

David Porter

 

Tel: 44 (0)20 7894 8896

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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