LEKOIL

Investor news

24.12.2015

Award of Options

Lekoil (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that the Company has made the following awards of options over ordinary shares of ­par ­value US$0.00005 each ­in ­the ­capital­ of the ­Company to Directors under the Long Term Incentive Plan for the CEO and the Non-Executive Director Share Plan for the Non-Executive Directors:

 

Director

Position

Options granted

Existing options

Total options

Olalekan Akinyanmi

Chief Executive Officer

3,143,000

5,480,000

8,623,000

Samuel Adegboyega

Non-executive Chairman

100,000

750,000

850,000

Gregory Eckersley

Non-executive Director

100,000

1,162,500

1,262,500

Aisha Oyebode

Non-executive Director

100,000

187,500

287,500

John Van Der Welle

Non-executive Director

100,000

187,500

287,500

H. Adesola Oyinlola

Non-executive Director

100,000

-

100,000

 

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