Faroe Petroleum Plc Regulatory News (FPM)

5 Jul 2007 11:04

Faroe Petroleum PLC05 July 2007 5 July 2007 Faroe Petroleum plc ("Faroe Petroleum" or "the Company") Issue of new shares Faroe Petroleum has today issued 65,000 ordinary shares of 10 pence eachfollowing the exercise of share options at a price of 60 pence per share by anemployee of the Company under the Faroe Petroleum Share Option Scheme.Application for these shares to be admitted to AIM has been made to be effective11 July 2007. - Ends - For further information, call: Julian Riddick 01224 652810 This information is provided by RNS The company news service from the London Stock Exchange