Extension of Share Options

Released : 30/06/15

RNS Number : 7382R

Nighthawk Energy plc
30 June 2015

NIGHTHAWK ENERGY PLC

(”Nighthawk” or ”the Company”)

Extension of Share Options

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces that it has extended the life of 6.8 million share options to subscribe for ordinary shares of 0.25p each in the Company (”Shares”) previously issued to certain directors, senior management and employees in accordance with the Company’s Share Option Scheme in July 2013 with a life of 2 years. The options have already vested in accordance with their original terms and were due to expire on July 19th, 2015. The expiration date has been extended by 2 years to July 19th, 2017.

Of the 6.8 million extended share options, 2.2 million are held by directors as follows:

Chuck Wilson
Share Options at 6.24 pence 900,000
Share Options at 7.25 pence   –
Total Share options following this extension 6,900,000
Total Share options following this extension 725,000
% of issued share capital  0, 1 %
Richard Swindells
Share Options at 6.24 pence 600,000
Share Options at 7.25 pence   700,000
Total Share options following this extension 10,000,000
Total Share options following this extension 876,803
% of issued share capital 0.1%

 

Enquiries:
Nighthawk Energy plc
Rick McCullough, Chairman  +1 303 407 9600
Richard Swindells, Chief Financial Officer  +44 (0) 20 3582 1350

Westhouse Securities Limited   +44 (0) 20 7601 6100
Alastair Stratton
Robert Finlay

Canaccord Genuity   +44 (0) 20 7523 8000
Manuel Santiago
Henry Fitzgerald-O’Connor

 

FTI Consulting   +44 (0) 20 3727 1000
Ben Brewerton ben.brewerton@fticonsulting.com
Ed Westropp   edward.westropp@fticonsulting.com
This information is provided by RNS
The company news service from the London Stock Exchange

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