Sound Oil PLC Issue of Options and Director's Dealing (6304A)

TIDMSOU

RNS Number : 6304A

Sound Oil PLC

30 September 2015

Sound Oil plc

("Sound Oil" or the "Company")

Issue of Options and Director's Dealing

Sound Oil, the Mediterranean focused upstream gas company, announces that on 25 September 2015 it issued of a total of 3,700,000 options to subscribe for new ordinary shares in the Company at a price of 14.25 pence per ordinary share (the "Options").

The Options will vest on 25 September 2018 and will be exercisable thereafter at any time until 25 September 2020.

James Parsons, the Company's Chief Executive Officer and a director of the Company, has been issued with 1,250,000 of the Options.

For further information please contact:

 
 Vigo Communications - PR Adviser    Tel: +44 (0)20 7016 9573 
  Patrick d'Ancona 
  Chris McMahon 
  Alexandra Roper 
----------------------------------  ------------------------- 
 Sound Oil                           j.parsons@soundoil.co.uk 
  James Parsons, Chief Executive 
  Officer 
----------------------------------  ------------------------- 
 Smith & Williamson - Nominated      Tel: +44 (0)20 7131 4000 
  Adviser 
  Azhic Basirov 
  David Jones 
  Ben Jeynes 
----------------------------------  ------------------------- 
 Cantor Fitzgerald Europe - Broker   Tel: +44 (0)20 7894 8896 
  Sarah Wharry 
  David Porter 
----------------------------------  -------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 30, 2015 02:02 ET (06:02 GMT)

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