Grant of Options

16 November 2015

Egdon Resources plc (AIM:EDR) announces that as part of its annual incentive review it has granted options to the following Directors.

Director Number of Options granted Exercise Price (pence) Vesting Date Exercisable Until
Mark Abbott 979,381 9.7 1 August 2016 31 December 2026
Jerry Field 824,742 9.7 1 August 2016 31 December 2026

Following the grant of the options, which are effective 14th November, the interests of the Directors in the share capital of the Company are as follows:

Director Total number of Options held over Ordinary Shares Number of Ordinary Shares held
Mark Abbott 2,561,535 7,563,824
Jerry Field 2,497,617 0

In addition the Company has granted options to employees on the same basis as Directors.  The total number of options granted to Directors and employees of the Company is 4,134,021.