Business
Grant of Options
Grant of Options.
About this update from Afentra Plc
[{"type":"text","content":"\n RNS Number : 1441W Sterling Energy PLC 15 November 2010 \n \n\n \n15 November 2010\n \nGrant of Options to a Director under Sterling's Long Term Incentive Plan\n \nSterling Energy Plc (\"Sterling\" or the \"Company\") announces the following grant of options:\n \nUpon his appointment as a non-executive director, and pursuant to the rules of the Non-executive Directors LTIP scheme approved by shareholders on 22 December 2009, Mr. Malcolm Pattinson has been granted 125,000 options over ordinary shares of 40p each in the Company (\"Ordinary Shares\") with an exercise price of 40p per Ordinary Share, for nil consideration.\n \nPrior to this award Mr. Pattinson held an interest in 12,810 Ordinary Shares representing 0.01 per cent. of the issued share capital of the Company.\n \nIn total, there are 7,800,203 options over Ordinary Shares in issue representing 3.5% of the issued share capital of the Company.\n \n \nFor further information contact:\n \nSterling Energy Plc (+44 20 7405 4133) \nAlastair Beardsall, Executive Chairman\nAngus MacAskill, Chief Executive Officer\nWeb site: www.sterlingenergyplc.com\n \nEvolution Securities (+44 20 7071 4300)\nRob Collins\nChris Sim\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEZLFFBFFLFBF \n ","length":2654,"tagName":"div"}]