GCM Resources Regulatory News (GCM)

15 Jun 2005 07:00

Asia Energy PLC15 June 2005 Asia Energy plc ("the Company") Directors Dealings Asia Energy Plc ("the Company") wishes to advise that David Lenigas, a Director of the Company, held 680,000 options in the Company at an exercise price of 75p as part of his remuneration and incentive package. Mr Lenigas has previously exercised 300,000 options at 75p, contributing £225,000 to the Company's treasury. He has now decreased his holding through the sale of 150,000 ordinary shares, by way of an orderly market agreement with W.H Ireland, at a price of 492p per share on 13 June 2005. Mr Lenigas still retains 150,000 ordinary shares in the Company, which represents 0.38% of the issued share capital of the Company. He also continues to hold 380,000 options in the Company at an exercise price of 75p. 15 June 2005 This information is provided by RNS The company news service from the London Stock Exchange