EDR.L Regulatory News (EDR)

2 Oct 2006 13:17

Egdon Resources PLC02 October 2006 Egdon Resources plc ("Egdon" or the "Company") Director Shareholding The Company was informed today that Mr Walter Roberts, Non-Executive Director,has for nil consideration transferred all his holdings of ordinary shares inEgdon to Giltspur Nominees Limited being: 312,500 ordinary shares on 31 May2006; 146,750 ordinary shares on 7 September 2006; and 380,000 shares on 26September 2006. Mr Roberts' total beneficial shareholding in Egdon remains unchanged at1,026,750 ordinary shares, representing 1.8% of the issued share capital of theCompany. For further information please contact: Egdon Resources plc Andrew Hindle, Joint Managing Director 01256 702 292Mark Abbott, Joint Managing Director Buchanan Communications Eric Burns 01943 883 990Ben Willey 020 7466 5000 Seymour Pierce Jeremy Porter/Jonathan Wright 020 7107 8000 Company Background Egdon is an established, UK-based energy company primarily focused on theonshore UK. Egdon also has exploration interests in the offshore UK and France.Egdon's shares are traded on the AIM market. The Company is developing two distinct businesses: •An oil and gas exploration and production business which has a portfolio of nineteen exploration licences containing identified oil and gas prospects ranging from discoveries under appraisal through to higher risk but higher reward "wild-cat" exploration prospects. •A gas storage business initially focused on the development of a major salt cavern gas storage facility beneath the Isle of Portland, Dorset. This information is provided by RNS The company news service from the London Stock Exchange