Providence Resources P.l.c. ("Providence" or the "Company")
Grant of Options
The Board announces that, on 9 May 2006, options over ordinary shares of €0.001 each in the capital of the Company ("Ordinary Shares") have been awarded to the following Directors and Company Secretary:
|
Director |
Number of options over Ordinary Shares awarded |
Exercise Price |
Expiry Date |
Total number of Ordinary Shares over which options are held
|
|
Tony O'Reilly jnr |
10,000,000 |
E0.0675 |
8 May 2014 |
35,000,000 |
|
Lex Gamble |
1,000,000 |
E0.0675 |
8 May 2014 |
4,500,000 |
|
Philip Nolan
Brian Hillery
James McCarthy
Peter Kidney
Stephen Carroll |
1,000,000
1,000,000
1,000,000
1,000,000
2,000,000 |
E0.0675
E0.0675
E0.0675
E0.0675
E0.0675 |
8 May 2014
8 May 2014
8 May 2014
8 May 2014
8 May 2014 |
4,500,000
19,759,883
6,000,000
6,067,350
7,134,700 |
|
Company Secretary
|
||||
|
Michael Graham |
2,000,000 |
E0.0675 |
8 May 2014 |
7,026,940 |
These options have been awarded in accordance within the terms of the 2005 Share Option scheme and the exercise price has been fixed at a 10% discount to the closing price on the day prior to the grant of the option.
The total options held by each director, as detailed above, includes options held under both the 2005 and the 1997 Share Option Scheme.
.
For further information please contact;
|
Michael Graham |
|
Company Secretary |
|
+353 1 2194074 |