IGAS Energy : 24/07/2014 Share Incentive Plan

24 July 2014

IGas Energy plc ("IGas" or the "Company")

IGas Share Incentive Plan

The Company announces that on 23 July 2014, a total of 69 ,404 shares were allotted to employees under the IGas Energy Share Incentive Plan ("SIP"), with reference to the mid-market closing price for the measurement period of 117p.

The Executive Directors subscribed under the monthly Subscription and, accordingly, have been allotted shares under the SIP as set out below:

Andrew Austin                    768

Stephen Bowler                  682

John Blaymires                    768

Following these Subscriptions, the Executive Directors' shareholdings are as follows:

Andrew Austin                    10,969,994

Stephen Bowler                  80,655

John Blaymires                    30,741

Following the total Subscription, the issued share capital of the Company has increased to 206,385,405. The total number of voting rights in IGas is 206,385,405, which should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in IGas under the Financial Conduct Authority's Disclosure and Transparency Rules.

ENQUIRIES

For further information please contact:

IGas Energy plc                                                                                                    Tel: +44 (0)20 7993 9899

Andrew Austin, Chief Executive Officer

Stephen Bowler, Chief Financial Officer

Jefferies International Limited     Tel: +44 (0)20 7029 8000

Sara Hale 

Graham Hertrich

Canaccord GenuityTel: +44 (0)20 7523 8000

Tim Redfern

Henry Fitzgerald-O'Connor