Grant of Options
09 Juni 2009 - 12:20PM
UK Regulatory
TIDMSOGP
RNS Number : 5961T
Sovereign Oilfield Group plc
09 June 2009
+---------------------------------------+---------------------------------------+
| FOR IMMEDIATE RELEASE | 9 June 2009 |
+---------------------------------------+---------------------------------------+
| Ref: 0915 | |
+---------------------------------------+---------------------------------------+
SOVEREIGN OILFIELD GROUP Plc
("Sovereign" or "the Company" or "the Group")
Grant of Options
Sovereign Oilfield Group plc announces that it granted the following share
options in the Company to the following Directors on 8 June 2009:
+----------+---------------+---------+----------+----------+---------+---------+----------+
| Name | Position | Number | Exercise | Exercise | Total | Current | Current |
| | | of | Price | Period | Options | Common | Holdings |
| | | Options | | | Held | Share | of |
| | | Granted | | | | Holding | Issued |
| | | | | | | | Common |
| | | | | | | | Share |
| | | | | | | | Capital |
| | | | | | | | (%) |
+----------+---------------+---------+----------+----------+---------+---------+----------+
| Ms | Group | 100,000 | 13.5 | 2 | 200,000 | 1,000 | 0.01% |
| Julie | Finance | | pence | June | | | |
| Cowie | Director | | | 2011 - | | | |
| | | | | 2 | | | |
| | | | | June | | | |
| | | | | 2019 | | | |
+----------+---------------+---------+----------+----------+---------+---------+----------+
| Mr | Group | 50,000 | 13.5 | 2 | 50,000 | 208,400 | 1.21% |
| Chris | Chief | | pence | June | | | |
| McGeehan | Operating | | | 2011 - | | | |
| | Officer | | | 2 | | | |
| | | | | June | | | |
| | | | | 2019 | | | |
+----------+---------------+---------+----------+----------+---------+---------+----------+
| Mr | Non-Executive | 30,000 | 13.5 | 2 | 30,000 | 24,000 | 0.14% |
| Stuart | Director | | pence | June | | | |
| Pearson | | | | 2011 | | | |
| | | | | - | | | |
| | | | | 2 | | | |
| | | | | June | | | |
| | | | | 2019 | | | |
+----------+---------------+---------+----------+----------+---------+---------+----------+
Further information:
+----------------------------------------+----------------------------------------+
| Sovereign Oilfield Group Plc | Tel: 01224 261900 |
+----------------------------------------+----------------------------------------+
| Graham Burgess, Chief Executive | |
| Officer | |
| | |
+----------------------------------------+----------------------------------------+
| Buchanan Communications | Tel: 0207 466 5000 |
+----------------------------------------+----------------------------------------+
| Tim Thompson/Catherine Breen | |
+----------------------------------------+----------------------------------------+
| | |
+----------------------------------------+----------------------------------------+
| Charles Stanley Securities - Nominated | Tel: 0207 149 6000 |
| Advisor | |
| Mark Taylor/Freddy Crossley | |
| | |
+----------------------------------------+----------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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