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Tuesday 09 June, 2009

Sovereign Oilfield

Grant of Options

RNS Number : 5961T
Sovereign Oilfield Group plc
09 June 2009
 




FOR IMMEDIATE RELEASE

9 June 2009 

Ref:  0915





SOVEREIGN OILFIELD GROUP Plc


('Sovereign' or 'the Company' or 'the Group')


Grant of Options  




Sovereign Oilfield Group plc announces that it granted the following share options in the Company to the following Directors on 8 June 2009:



Name

Position

Number of Options Granted

Exercise Price

Exercise Period

Total Options Held

Current Common Share Holding

Current Holdings of Issued Common Share Capital (%)

Ms Julie Cowie

Group Finance Director

100,000


13.5 pence


 2 June 2011 -

 2 June 2019

200,000

1,000

0.01%

Mr Chris McGeehan

Group Chief Operating Officer

50,000

13.5 pence

 2 June 2011 -

 2 June 2019

50,000

208,400

1.21%

Mr Stuart Pearson

Non-Executive Director

30,000

13.5 pence

 2 June 2011 - 

 2 June 2019

30,000

24,000

0.14%




Further information:

Sovereign Oilfield Group Plc

Tel: 01224 261900

Graham Burgess, Chief Executive Officer



Buchanan Communications

Tel: 0207 466 5000

Tim Thompson/Catherine Breen




Charles Stanley Securities - Nominated Advisor

Mark Taylor/Freddy Crossley


Tel: 0207 149 6000




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