03.07.2017 15:30:36: ISSUE OF UNLISTED SHARE OPTIONS
African Petroleum Corporation Limited ("African Petroleum"
or the “Company”) advises that a total of 5,750,000 unlisted
share options with an exercise price of NOK 7.75 per share
and an expiry date of 31 May 2022 were issued today to
employees and consultants, and directors of the Company, as
follows:
Directors
Jens Pace (CEO) 1,500,000 unlisted share options
Stephen West (CFO) 1,500,000 unlisted share options
David King (Non-executive Chairman) 500,000 unlisted share
options
Bjarne Moe (Non-executive director) 200,000 unlisted share
options
Anthony Wilson (Non-executive director) 200,000 unlisted
share options
Timothy Turner (Non-executive director) 200,000 unlisted
share options
Employees & consultants 1,650,000 unlisted share options
In addition, the following unlisted share options were
issued today:
a) 213,400 unlisted share options with an exercise price of
NOK 2.50 per share and an expiry date of 11 January 2022
were issued to brokers as part of their consideration for
acting as joint managers to the private placement completed
by the Company in January 2017 raising NOK 26,675,000 ; and
b) 400,000 unlisted share options with an exercise price of
NOK 4.00 per share and an expiry date of 28 April 2020 were
issued to a former employee of the Company in full
settlement of amounts owing to the former employee.
After the above share option issues, the Company has
13,757,132 share options on issue.
Following the above issue of unlisted share options, the
Directors of the Company hold the following shares and
options in the Company:
Jens Pace
Shares 33,334
Options 16,667 Exercise price of AU$30.00, expiring 8
January 2018
Options 58,334 Exercise price of AU$3.00, expiring 22
November 2018
Options 200,000 Exercise price of NOK 4.00, expiring 28
April 2020
Options 350,000 Exercise price of NOK 1.70, expiring 15
November 2020
Options 1,000,000 Exercise price of NOK 1.70, expiring 22
December 2020
Options 1,500,000 Exercise price of NOK 7.75, expiring 31
May 2022
Stephen West
Shares 260,850
Options 58,334 Exercise price of AU$3.00, expiring 22
November 2018
Options 100,000 Exercise price of AU$2.40, expiring 3 June
2019
Options 200,000 Exercise price of NOK 4.00, expiring 28
April 2020
Options 270,000 Exercise price of NOK 1.70, expiring 15
November 2020
Options 1,000,000 Exercise price of NOK 1.70, expiring 22
December 2020
Options 1,500,000 Exercise price of NOK 7.75, expiring 31
May 2022
David King
Shares 30,000
Options 500,000 Exercise price of NOK 7.75, expiring 31 May
2022
Bjarne Moe
Shares 10,000
Options 50,000 Exercise price of NOK 4.00, expiring 28
April 2020
Options 200,000 Exercise price of NOK 1.70, expiring 22
December 2020
Options 200,000 Exercise price of NOK 7.75, expiring 31 May
2022
Anthony Wilson
Shares 10,000
Options 50,000 Exercise price of NOK 4.00, expiring 28
April 2020
Options 200,000 Exercise price of NOK 1.70, expiring 22
December 2020
Options 200,000 Exercise price of NOK 7.75, expiring 31 May
2022
Timothy Turner
Shares 4,167
Options 16,667 Exercise price of AU$16.50, expiring 31 July
2017
Options 200,000 Exercise price of NOK 7.75, expiring 31 May
2022
This information is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading
Act.
For further information, please contact:
Jens Pace, Chief Executive Officer
Stephen West, Chief Financial Officer
Tel: +44 20 3655 7810
Angeline Hicks, Company Secretary
Tel: + 61 401 489 883
Media Contacts:
Buchanan
Ben Romney/Chris Judd
Tel: +44 207 466 5000
About African Petroleum
African Petroleum is an independent oil and gas exploration
company with an equity interest in eight licences in four
countries offshore West Africa (Senegal, The Gambia, Côte
d’Ivoire and Sierra Leone). The Company’s assets are located
in proven hydrocarbon basins in the West African Transform
Margin and the Atlantic Margin, where several discoveries
have been made in recent years.
For more information about African Petroleum, please see
www.africanpetroleum.com.au
http://www.newsweb.no/index.jsp?messageId=430835
Du har mottatt denne e-posten fordi du fra nettstedet til Oslo Børs har opprettet abonnement på selskapsmeldinger. Dersom du ønsker å slette eller endre ditt abonnement, kan du gjøre dette ved å logge deg inn på “Min side” og velge fanen “Selskapsmeldinger”.
This email and any files transmitted with it are confidential and
intended solely for the use of the individual or entity to whom they
are addressed. If you have received this email in error please notify
the system manager.
All emails to and from Oslo Børs will automatically be archived.
This footnote also confirms that this email message has been swept by
MIMEsweeper for the presence of computer viruses.