Grant of Options

RNS Number : 1822I

Gold Oil PLC

28 June 2013

 



28 June 2013 

GOLD OIL PLC

("Gold Oil" or "the Company")

Grant of Options

Gold Oil, the AIM-listed oil and gas exploration and production company, announces that on 27 June 2013, it granted options to the following Directors to subscribe for new ordinary shares of 0.025p ("Ordinary Shares") in the Company (the "Options"):

Name of Director	Number of new Options granted		Exercise Price of new Options per share		Total number of Options held following grant
Rudolph Berends	11,250,000		1.60 pence		33,250,000
William Colvin	2,990,431		1.672 pence		2,990,431

The Options vest immediately and are exercisable (in whole or in part) at any time up to the third anniversary of the date of grant.

For further information:

Gold Oil Plc

Rudolph Berends (Chairman & CEO)                                    Tel: [phone]

Cantor Fitzgerald 

Nominated Adviser and Joint Broker

Stewart Dickson / David Foreman (Corporate Finance)         Tel:  [phone]

Richard Redmayne / David Banks (Corporate Broking)

FirstEnergy Capital LLP

Joint Broker 

Hugh Sanderson / Travis Inlow                                               Tel: + 44 (0) 20 7448 0200

 

END

 

 

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