Petroceltic Intnl (PCI) - Option Grant RNS Number : 7053Q Petroceltic International PLC 08 November 2012 Petroceltic International plc Option Grant Petroceltic International plc ("Petroceltic" or the "Company") announces that it has granted share options to acquire ordinary shares in the Company to the following directors on the 6^th November 2012 ("the Award") in accordance with the Company's 2009 share option plan ("the plan"). This Award was approved by the Board of the Company on the 6th^th November 2012. The options will vest 33.3% on the first, second and third anniversary of the grant of Award, subject to a vesting criterion of the common shares trading at or above 8.82p /share for a 10 day period. The key provisions of the plan are summarised on the Company's website (www.petroceltic.ie) under "investor centre/investor information". Director Option Amount Exercise Price Brian O'Cathain 10,400,000 £0.0678 David Thomas 8,500,000 £0.0678 Tom Hickey 7,500,000 £0.0678 The previous grant of options under this plan was on the 12 June 2011. Ends Contact Peter Dunne, Company Secretary, +353 1 421 8300 8 November 2012 This information is provided by RNS The company news service from the London Stock Exchange END MSCEAKFPELEAFFF -0- Nov/08/2012 16:41 GMT
Petroceltic Intnl PCI Option Grant
Press spacebar to pause and continue. Press esc to stop.