Exercise of Share Options
2009年7月31日 - 10:11PM
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RNS Number : 6816W
Ramco Energy PLC
31 July 2009
31 July 2009
Ramco Energy plc ("Ramco" or the "Company")
Exercise of Share Options
Ramco, the Aberdeen-based energy investment company, announces that, following
the exercise of 70,000 share options by a former employee, it has allotted and
issued, conditional upon admission to the AIM market, 70,000 new ordinary shares
("New Ordinary Shares") of 10p each.
The exercise of the share options, which were granted, under the Company Share
Option Plan in July 2005 at a price of 34p per share, results in the Company
receiving GBP23,800 as proceeds of the exercise.
Application will be made for the New Ordinary Shares to be admitted to AIM and
dealings are expected to commence on 6 August 2009.
Following the issue of the New Ordinary Shares, the total number of issued
ordinary shares in the Company will be 53,089,279.
For further information contact:
+------------------------------------+------------------------------------+
| Ramco Energy plc |
+-------------------------------------------------------------------------+
| Chris Moar, Finance Director | +44 1224 748480 |
+------------------------------------+------------------------------------+
| |
+-------------------------------------------------------------------------+
| Ambrian Partners Limited |
+-------------------------------------------------------------------------+
| Andrew Craig, NOMAD | +44 207 634 4700 |
+------------------------------------+------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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