Director/PDMR Shareholding

RNS Number : 6371Y

Egdon Resources PLC

26 February 2013

 



                                                                                                                        26 February 2013

EGDON RESOURCES PLC

("Egdon" or "the Company")

Grant of Options to Directors

Egdon Resources plc (AIM:EDR) announces that as part of its annual salary and incentive review it has granted options to the following Directors under the terms of the Company's Enterprise Management Investment Option Scheme.

Director	Number of Options granted	Exercise Price (pence)	Vesting Date	Exercisable Until
Mark Abbott	600,000	10	1 January 2014	31 March 2022
Jerry Field	600,000	10	1 January 2014	31 March 2022

Following the grant of the options, which were effective at 1 January 2013, the interests of the Directors in the share capital of the Company are as follows:

Director	Total number of Options held over Ordinary Shares	Number of Ordinary Shares held
Mark Abbott	1,218,429	7,563,824
Jerry Field	1,388,600	0

For further information please contact:

Egdon Resources plc

Mark Abbott                                                                                                    01256 702292

Buchanan

Richard Darby, Gabriella Clinkard                                                            020 7466 5000

Nominated Adviser and Broker - Cantor Fitzgerald Europe

David Porter, Rick Thompson (Corporate Finance)                              020 7107 8000

Richard Redmayne (Corporate Broking)

Notes to Editors:

Egdon Resources plc

Egdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK and France. 

Egdon currently holds interests in twenty nine licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets.  Egdon is an approved operator in both the UK and France.

Egdon was formed in 1997 and listed on AIM in December 2004.

In accordance with the AIM Rules - Note for Mining and Oil and Gas Companies, the information contained in this announcement has been reviewed and signed off by the Managing Director of Egdon Resources plc Mark Abbott, a Geoscientist with over 26 years' experience.

 

END

 

 

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