RNS Number : 5112I
Mediterranean Oil & Gas Plc
12 March 2010
Mediterranean Oil & Gas Plc
("the Company")
12 March 2010
Grant of options
The Board of Mediterranean Oil & Gas Plc (AIM: MOG) is pleased to announce it has authorised the award of options over a total of 755,000 ordinary shares. Of these, 400,000 options are for employees and 355,000 are for directors of the Company. The options have an exercise price of 45 pence and are exercisable between the first and fifth anniversaries of the date on which the options were granted, being 11 March 2010.
The grant of options to directors is as follows:-
|
|
New options granted
|
Total number of options now held
|
|
Michael Bonte-Friedheim
|
100,000
|
400,000
|
|
Sergio Morandi
|
165,000
|
1,015,000
|
|
Chris Kelsall
|
90,000
|
90,000
|
Enquiries:
Mediterranean Oil & Gas Plc
Sergio Morandi, CEO Tel: +39 0668 8941
Chris Kelsall, Finance Director Tel: +44 789 1040 658
WH Ireland Limited
David Porter / James Joyce Tel: +44 (0) 207 220 1666
Ambrian Partners Limited
Richard Swindells Tel: +44 (0) 207 634 4856
www.medoilgas.com
This information is provided by RNS
The company news service from the London Stock Exchange
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