Business
Grant of Options
Grant of Options.
About this update from Enwell Energy Plc
[{"type":"text","content":"\n Regal Petroleum PLC\n27 April 2006\n\n\nFor Immediate Release 27 April 2006\n\n\n\n REGAL PETROLEUM PLC\n\n (the 'Company')\n\n\n Grant of Options\n\n\nThe Company's remuneration committee has granted options over ordinary shares of\n5 pence each in the capital of the Company ('Ordinary Shares') pursuant to the\nRegal Petroleum Share Option Scheme to the following Director:\n\n Number of Exercise Condition from which\n Share Options Price exercisable\n ------------ ---------- --------- --------------------\nMr Roger 250,000 £0.8525 upon the Company's Ordinary\nPhillips Shares trading above £1.50 for\n 10 consecutive trading days\n\n\nThese share options above have been issued to replace previously held options\nwhich have been relinquished.\n\n\nMr Phillips holds an additional 500,000 share options so now has an aggregate of\n750,000 share options.\n\n\nUnder the provisions of the Regal Petroleum Share Option Scheme, these options\nwill lapse on 1 November 2014, unless previously lapsed or exercised.\n\n\n\n\n\nFor further information, please contact:\n\nRegal Tel: 020 7408 9500\nPaul Morgan - Chairman & CEO\n\nBuchanan Communications Tel: 020 7466 5000\nBobby Morse / Ben Willey\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1807,"tagName":"div"}]