28 Sep 2010 16:13
Desire Petroleum plc
("Desire" or the "Company")
Issue of Equity & Total Voting Rights
Pursuant to the announcement made on 24 September in which Desire announced the placing of 16,294,600 new ordinary shares at 140 pence each to raise £22.8 million the Company announces application has been made for the admittance to trading on AIM of 16,294,600 new ordinary shares of 1p each. It is expected that dealings in the new ordinary shares will commence on 29 September 2010 ("Admission"). The new ordinary shares will, upon issue, rank pari passu in all respects with the existing issued Ordinary Shares.
Following Admission, the total number of shares in issue is 342,185,172. There are no shares held in treasury.
The above figure of 342,185,172 may 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, the Company, under the Disclosure and Transparency Rules.
For further information please contact:
| Desire Petroleum plc | 020 7436 0423 |
| Stephen Phipps, Chairman |
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| Dr Ian Duncan, Chief Executive Officer |
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| Seymour Pierce Limited | 020 7107 8000 |
| Corporate Finance, Jonathan Wright / Stewart Dickson |
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| Corporate Broking, Richard Redmayne / Paul Jewell |
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| Buchanan Communications | 020 7466 5000 |
| Ben Romney Tim Thompson |
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