2 Jul 2009 17:49
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Roxi Petroleum plc
Director's dealings
On 30 June 2009 the CompanyΒ wasΒ Β informedΒ thatΒ on 29 June 2009Β Kuat Oraziman, a director of the Company sold warrants to subscribe for 36 million shares to ArawakΒ Energy Limited ("Arawak"), part of the Vitol Group.Β
The warrants are exercisable before 31 March 2010 at 10p per share, or before 30 September 2010 at 15p per share, or before 31 March 2011 at 20p per share.
Arawak now holds warrants over 54 million of Roxi shares, which on exercise would representΒ 12.54Β per cent of the enlarged share capitalΒ
2Β July 2009
Enquiries:Β
Roxi Petroleum plc
Rob Schoonbrood, CEO +7 727 244 0920
College Hill (Financial PR)
Paddy Blewer /Β Nick Elwes +44 (0) 20 7457 2020
WH Ireland (NOMAD and broker)
James Joyce +44 (0)20 7220 1666
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