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Sale of Shares by Directors

Sale of Shares by Directors.

articleEnwell Energy PlcJanuary 22, 20103/company/enwell-energy-plc/news/sale-of-shares-by-directors
Sale of Shares by Directors

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[{"type":"text","content":"\n RNS Number : 0271G Regal Petroleum PLC 22 January 2010  \n \nRegal Petroleum plc\n(\"Regal\" or the \"Company\")\n\n22 January 2010\nSale of Shares by Directors\n\nThe Company has today been notified that the directors of the Company set out below, sold, on 21 January 2010, an aggregate of 860,417 ordinary shares of 5 pence each in the capital of the Company (\"Ordinary Shares\") at an average price of approximately £0.7675 each, primarily to cover exercise costs, tax and national insurance relating to the Long Term Incentive Plan Awards (\"LTIP Awards\") exercised by such directors on 20 January 2010.  \n\nFurther details of such sales, together with these directors' holdings of Ordinary Shares, their respective percentage of the issued Ordinary Share capital of the Company, and their remaining holdings of LTIP Awards are as follows:- \n\n\n\n\n\n\nDirector\n\n\n\nNumber of Shares Sold\n\n\nResultant Holding of Shares\n\n\nPercentage of Issued Share Capital\n\n\nHolding of LTIP Awards\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKeith Henry\n\n\n41,667\n\n\n150,000\n\n\n0.05\n\n\n283,334\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDavid J Greer\n\n\n400,000\n\n\n510,000\n\n\n0.16\n\n\n900,000\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHendrikus Verkuil\n\n\n229,375\n\n\n230,000\n\n\n0.07\n\n\n383,750\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRobert Wilde\n\n\n189,375\n\n\n120,000\n\n\n0.04\n\n\n533,750\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAdrian Coates\n\n\n-\n\n\n77,245\n\n\n0.02\n\n\n93,334\n\n\n\n\n\n \nThe above holdings of Ordinary Shares and LTIP Awards represent all interests in Ordinary Shares held by Mr Henry, Mr Greer, Mr Verkuil, Mr Wilde and Mr Coates.  \n\n \nFor further information, please contact:\n\n\n\n\n\nRegal Petroleum Plc\n\n\nTel: 020 7408 9500\n\n\n\n\nDavid J Greer, CEO\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStrand Hanson Limited\n\n\nTel: 020 7409 3494\n\n\n\n\nSimon Raggett / Rory Murphy\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMirabaud Securities\n\n\nTel: 020 7878 3362\n\n\n\n\nPeter Krens / Pav Sanghera\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCitigate Dewe Rogerson\n\n\nTel: 020 7638 9571\n\n\n\n\nMartin Jackson / George Cazenove\n\n\n\n\n\n\n\n\n...

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