Energy XXI (Bermuda) Limited Director's Shareholding (4304V)
December 12 2013 - 10:27AM
UK Regulatory
TIDMEXXI
RNS Number : 4304V
Energy XXI (Bermuda) Limited
12 December 2013
Energy XXI (Bermuda) Limited ("Energy XXI" or the "Company")
Director's Shareholding
Energy XXI notifies that the Company's Chairman and Chief
Executive Officer, John D. Schiller, Jr., has elected to purchase
up to US $21,250 of shares of the Company's common stock (the
"Shares") under the Energy XXI Services, LLC Employee Stock
Purchase Plan (the "Plan"). The Plan covers the period 1 January
2014 through 30 June 2014 and allows employees to purchase Shares
at a 15 percent discount from the lower of the common stock closing
price on the first or last day of the period.
Mr. Schiller has also elected to purchase Shares under the
Company's 401(k) Plan during 2014. Based on Mr. Schiller's annual
contribution limit of US $23,000, Mr. Schiller may purchase up to a
total of US $23,000 of Shares based on the stock price when the
payroll deductions are made.
12 December 2013
Enquiries of the Company
Energy XXI
Stewart Lawrence
Vice President, Investor Relations and Communications
713-351-3006
slawrence@energyxxi.com
Greg Smith
Director, Investor Relations
713-351-3149
gsmith@energyxxi.com
Cantor Fitzgerald
Nominated Adviser: David Porter, Rick Thompson
Corporate Broking: Richard Redmayne
Tel: +44 (0) 20 7894 7000
Pelham Bell Pottinger
James Henderson
jhenderson@pelhambellpottinger.co.uk
Mark Antelme
mantelme@pelhambellpottinger.co.uk
+44 (0) 20 7861 3232
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSFFLFIEFDSEEE
Energy Xxi (DI) (LSE:EXXI)
Historical Stock Chart
From Sep 2024 to Oct 2024
Energy Xxi (DI) (LSE:EXXI)
Historical Stock Chart
From Oct 2023 to Oct 2024