Oct. 23, 2009 (Hugin AS) --
The Board of Golar LNG (NASDAQ:GLNG) Energy Limited has approved the grant of
3,940,000 share options to Directors and employees of the Company,
its subsidiaries and its management company under the terms of the
Company's existing share option scheme. The options have a strike
price set at $2.20 per share. One third of the options vest on June
30, 2010 and the remaining two thirds vest one third each year over
the following two years, assuming continued employment, and the
option period is five years. Out of the total number of options
1,150,000 have been awarded to primary insiders, the allocation of
these is set out in the attached file.
The total number of outstanding options granted after this grant is
3,940,000. Following this grant 6,060,000 options remain authorised
but not issued.
October 23, 2008
The Board of Directors
Golar LNG Limited
Hamilton, Bermuda
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
http://hugin.info/142200/R/1349884/325489.pdf
