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| Press Release 2006 |
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Emerald Energy Plc - 27 April 2006
Directors' Shareholdings
Emerald announces that on 26 April 2006, it granted Tranche J Share Options over ordinary shares of 10 pence each in the Company ("Share Options") to certain directors, under the Emerald Energy Plc Discretionary Share Option Scheme ("the Scheme"). The exercise price for each of the Share Options is £3.25 per share and no payment was made in respect of the grant of these Share Options.
Under the Scheme, the new Share Options may be exercised between 26 April 2007 and 26 April 2011.
Details of the Share Options issued to directors and the interests of these directors in options over ordinary shares of 10 pence each in the Company following the grant of these Share Options are as follows:
Director |
Tranche J Share Options granted |
Total number of shares over which options held |
Total number of shares over which options held as a percentage of issued share capital |
Alastair Beardsall |
300,000 |
1,500,000 |
2.67 |
Edward Grace |
100,000 |
550,000 |
0.98 |
Keith Henry |
75,000 |
430,000 |
0.77 |
Merfyn Roberts |
75,000 |
300,000 |
0.53 |
Fred Ponsonby |
75,000 |
300,000 |
0.53 |
Contact Helen Manning - 020 7925 2440
Helen Manning
Company Secretary
26 April 2006
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