Share Options Granted

RNS Number : 0741S

Infrastrata PLC

19 September 2014

 



19 September 2014                                                                      For Immediate Release

InfraStrata plc

("InfraStrata" or the "Company")

Share Options Granted

InfraStrata plc (AIM:INFA) announces that as part of its annual salary review it has granted options over 2,234,000 Ordinary Shares at an exercise price of 10p per Ordinary Share to all employees and Directors under the terms of the Company Share Option Plan. The options issued represent 2.25% of the total issued share capital of the Company. These options are not exercisable until 19 September 2015. The grant of options included the following grants to Directors:

Director	Options granted	Resultant option holding	Beneficial shareholding	Potential total beneficial interest
Kenneth Ratcliff	150,000	315,332	104,000	419,332
Andrew Hindle	800,000	1,799,881	7,422,625	9,222,506
Stewart McGarrity	600,000	1,118,918	-	1,118,918
Walter Roberts	60,000	562,750	1,132,378	1,695,128
Maurice Hazzard	60,000	139,290	19,326	158,616
William Colvin	60,000	117,361	272,727	390,088

For further information please contact:

InfraStrata plc

Andrew Hindle, Chief Executive Officer                                                                      020 8332 1200

Stewart McGarrity, Finance Director

Financial PR - Buchanan

Richard Darby/Gabriella Clinkard/Anna Michniewicz                                                   020 7466 5000

Nominated Advisor and Broker - Arden Partners plc

Chris Hardie                                                                                                            020 7614 5917

Notes to Editors:

Background on InfraStrata plc

InfraStrata is an independent petroleum exploration and gas storage company. The Company is focused on two areas in the UK, in Dorset, England and Antrim, Northern Ireland.

Further information is available on the Company's website www.infrastrata.co.uk.

 

END

 

 

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