SeaBird - Option allocation
(Thomson Reuters ONE) -
Cyprus, 20 February 2012
SeaBird Exploration PLC ("SBX") hereby announces, with reference to its release
of 6 February 2012 concerning management changes, that it has today finalized
the employment terms for its new CEO Mr Dag Reynolds. In addition to fixed
salary on market terms, Mr Reynolds will receive 30 000 000 share options at a
strike price of NOK 0,25 (equaling the average share price on the trading day 6
February 2012 + 10% approx.). The share options are exercisable with 1/3 from
16 February 2013 to 16 April 2013, 1/3 from 16 February 2014 to 16 April 2014
and 1/3 from 16 February 2015 to 16 April 2015. Mr Reynolds do not hold shares
in SBX at the date hereof.
For further queries, please contact Jan-Eivind Fondal
CEO SeaBird Exploration PLC
+47 46886200
SeaBird Exploration PLC is a global provider of marine acquisition for 2D and
3D seismic data, and associated products and services to the oil and gas
industry. SeaBird specializes in high quality operations within the high end of
the source vessel and 2D market, as well as in the shallow/deep water 2D/3D
market. Main focus for the company is proprietary seismic surveys (contract
seismic). Main success criteria for the company are an unrelenting focus on
Health, Safety, Security, Environment and Quality (HSSEQ), combined with
efficient collection of high quality seismic data. All statements in this press
release other than statements of historical fact are forward-looking statements
and are subject to a number of risks, uncertainties and assumptions that are
difficult to predict, and are based upon assumptions as to future events that
may not prove accurate. These factors include SeaBird`s reliance on a cyclical
industry and the utilization of the company's vessels. Actual results may differ
substantially from those expected or projected in the forward-looking
statements.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act).
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: SeaBird Exploration plc via Thomson Reuters ONE
[HUG#1587288]
Unternehmensinformation / Kurzprofil:
Datum: 20.02.2012 - 08:30 Uhr
Sprache: Deutsch
News-ID 116300
Anzahl Zeichen: 2773
contact information:
Town:
Oslo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 184 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"SeaBird - Option allocation"
steht unter der journalistisch-redaktionellen Verantwortung von
SeaBird Exploration plc (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
