Last checked at 27 May 2010 18:17
27 May 2010
Sound Oil plc
("Sound Oil" or the "Company")
Grant of options
Sound Oil plc ("Sound Oil" or the "Company") (AIM: SOU), the upstream oil and gas company with assets in Indonesia, announces that the board of the Company has today granted a total of 6,900,000 share options to certain employees and directors of the Company.
Gerry Orbell (Chairman and Chief Executive) was granted options over 1,725,000 ordinary shares in the Company ("Ordinary Shares"); Tony Heath (Finance Director) was granted options over 1,035,000 Ordinary Shares; and Jossy Rachmantio (Director) was granted options over 1,035,000 Ordinary Shares. The options are exercisable at a price of 1.50p per share up to three years after the date of grant.
Further information on the Company can be found at www.soundoil.co.uk.
Enquiries:
| Sound Oil | 07903 861145 |
| Gerry Orbell, Chairman |
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| Smith & Williamson Corporate Finance - Nomad | 020 7131 4000 |
| Azhic Basirov |
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| David Jones |
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| Evolution Securities - Joint Broker | 020 7071 4300 |
| Tim Redfern |
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| Religare Hichens, Harrison - Joint Broker | 020 7382 7776 |
| Daniel Briggs |
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| Buchanan Communications | 020 7466 5000 |
| Tim Thompson |
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