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MSMN

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NEUTRAL

Mosman Oil and Gas Grants Options to Former CEO

Why we think this is neutral

This RNS announcement is a routine director dealings update, which does not contain any significant business or financial information. While the granting of options to the former CEO is noteworthy, it does not directly impact the company's operations or financial performance.

Key Points

  • Granting of 229,815,217 options to former CEO Andrew Carroll
  • Options have an exercise price of 0.077p and a 3-year expiry period
  • Mr. Carroll now holds a total of 466,862,680 warrants/options in the company

Summary

The oil and gas company has granted options to its former CEO as part of previously agreed arrangements.

Mosman Oil and Gas Limited (LSE: MSMN) has announced the granting of previously agreed options to its former CEO, Mr. Andrew Carroll. A total of 229,815,217 options with an exercise price of 0.077p and a 3-year expiry period have been granted. Mr. Carroll now holds a total of 466,862,680 warrants/options in the company.

DIRECTOR DEALINGS