Employee Trading Plan (9233C)
14 März 2011 - 6:26PM
UK Regulatory
TIDMEXXS
RNS Number : 9233C
Energy XXI (Bermuda) Limited
14 March 2011
Energy XXI (Bermuda) Limited ("Energy XXI" or "the Company")
Employee 10b5-1 Trading Plan
Energy XXI announces that it has been notified by Steve Nelson
(Vice President of Operations) that he has entered into a Rule
10b5-1 Trading Plan (the "Plan").
Under the Plan, Mr. Nelson has granted Fidelity Brokerage
Services LLC the irrevocable authority to sell up to 60,000 common
shares in the Company (the "Plan Shares"), subject to meeting
certain conditions. Following the entry of the Plan, Mr. Nelson has
no ability to stop or influence the sale of these shares on the
specified terms. The Plan expires on March 2, 2012.
Enquiries:
Energy XXI
Stewart Lawrence
Vice President, Investor Relations and Communications
Tel: +1 713-351-3006
slawrence@energyxxi.com
Seymour Pierce - UK AIM Adviser
Jonathan Wright/Jeremy Porter - Corporate Finance
Richard Redmayne - Corporate Broking
Tel: +44 (0) 20 7107 8000
Pelham Bell Pottinger
James Henderson
jhenderson@pelhambellpottinger.co.uk
Mark Antelme
mantelme@pelhambellpottinger.co.uk
Tel : +44 (0) 20 7861 3232
This information is provided by RNS
The company news service from the London Stock Exchange
END
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