Director/PDMR Shareholding (0154T)
November 30 2011 - 2:01AM
UK Regulatory
TIDMWTE
RNS Number : 0154T
Westmount Energy Limited
30 November 2011
Westmount Energy Limited
("Westmount" or the "Company")
Appointment of Directors
Further to the announcement made on 29 November, the Board of
Westmount is pleased to now confirm the appointment of Gerry Walsh
and Thomas O'Gorman to the Board. The Company has now applied for
admission to trading of 2,200,000 ordinary shares of 20 pence in
the Company and it is expected that dealings will commence on 5
December 2011.
Directors' Dealing
The Board of Westmount has resolved to grant options at a strike
price of 20 pence, being the average closing price for a period of
30 days prior to the grant, to the following Directors of the
Company:
Director and proposed No of options Total options
director granted holding post grant
----------------------- -------------- --------------------
Mervyn Bradlow 400,000 550,000
----------------------- -------------- --------------------
Peter Richardson 100,000 150,000
----------------------- -------------- --------------------
Thomas O'Gorman 500,000 500,000
----------------------- -------------- --------------------
Gerry Walsh 500,000 500,000
----------------------- -------------- --------------------
In addition the Board has resolved to re-price the following
options granted to certain directors on 22 September 2009 to a
revised strike price of 20 pence from 17 pence in order for the
strike price to be at the same level as the nominal share price of
an ordinary share in the Company.
Director No of options
re-priced
------------------ --------------
Mervyn Bradlow 150,000
------------------ --------------
Peter Richardson 50,000
Paul Anderson 50,000
------------------ --------------
Mervyn Bradlow - Westmount Energy Limited Tel: 020 7009 4972
Nicholas Wells / Elizabeth Bowman - Cenkos Securities plc Tel:
020 7397 8924
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSFKLLLFFFXFBE
Westmount Energy (LSE:WTE)
Historical Stock Chart
From Sep 2024 to Oct 2024
Westmount Energy (LSE:WTE)
Historical Stock Chart
From Oct 2023 to Oct 2024