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TIDMGAS
RNS Number : 7950V
Gasol plc
18 January 2012
Gasol plc
('Gasol' or the 'Company')
Award of share options
Gasol (AIM: GAS) is pleased to announce that it has today granted 16 million incentive share options to the Directors of the Company. The options in total represent approximately 1 % of the ordinary issued shares in the Company.
The options awarded to Directors, and the exercise price that they are awarded at, are as follows:
Director Options
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Haresh Kanabar 1,000,000 @ 1 pence
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Chairman 1,000,000 @ 2 pence
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1,000,000 @ 3 pence
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Total 3,000,000
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Osman Shahenshah 1,000,000 @ 1 pence
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Non Executive Director 1,000,000 @ 2 pence
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1,000,000 @ 3 pence
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Total 3,000,000
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Paul Biggs 1,333,334 @ 1 pence
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Non Executive Director 1,333,333 @ 2 pence
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1,333,333 @ 3 pence
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Total 4,000,000
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Ewen Wigley 2,000,000 @ 1 pence
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Chief Operating Officer 2,000,000 @ 2 pence
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2,000,000 @ 3 pence
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Total 6,000,000
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Total for all Directors 16,000,000
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The options will vest immediately and will be exercisable for a period of 10 years.
Aside from the new options referred to above, the Directors hold no other options or warrants over the shares in the Company.
- Ends -
Enquiries
Gasol plc
Ewen Wigley, Chief Operating Officer +44 (0) 20 7290 3300
Panmure Gordon (UK) Limited
Dominic Morley (Corporate Finance)
Callum Stewart (Corporate Finance)
Adam Pollock (Corporate Broking) +44 (0) 20 7459 3600
Pelham Bell Pottinger
Olly Scott +44 (0) 20 7861 3891
This information is provided by RNS
The company news service from the London Stock Exchange
END
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