REG - Roxi Petroleum Plc - Award of Options <Origin Href="QuoteRef">RXP.L</Origin>

Caspian SunriseAnnouncement

29/10/2014 14:27

RNS Number : 5982S
Roxi Petroleum Plc
25 September 2014
Roxi Petroleum plc
("Roxi" or "the Company")
Award of options
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, and its Remuneration Committee are pleased to announce that on 25 September 2014, 12,200,000 new options were granted exercisable at 20p, a 17.6% premium to the closing mid market price on 24 September 2014. This is the first award of options since 2011.
The recipients include Directors of the Company as follows:
Clive Carver
3,000,000
Kuat Oraziman
3,000,000
Kairat Satylganov
3,000,000
Edmund Limerick
750,000
The options are issued subject to the rules of the 2008 Share Option Scheme. They are not exercisable, unless otherwise provided for in the rules of the scheme, for three years. The options will be capable of exercise for a period of 10 years from their grant.
Following the grant of these new options there will be 54,662,306 options in issue. The total number of shares in issue is 843,589,452
The options granted to Directors, including in previous awards, are summarised below.
Exercise price
4p
12p
13p
20p
38p
65p







Clive Carver
2,400,000
538,264
750,000
3,000,000
1,345,660
1,603,077
Kuat Oraziman
4,200,000
269,132
3,090,000
3,000,000
672,830
801,538
Kairat Satylganov
0
0
0
3,000,000
0
0
Edmund Limerick
1,200,000
200,000
750,000
750,000
0
0
Huyn sik Jang
4,200,000
750,000
3,090,000
0
0
0
Enquiries
RoxiPetroleum PLC 
Clive Carver, Chairman +7 727 727 375 0202
WH Ireland plc 
James Joyce / James Bavister +44 (0) 20 7220 1666

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