PPC.L Regulatory News (PPC)

15 Nov 2007 12:49

Meridian Petroleum PLC15 November 2007 MERIDIAN PETROLEUM PLC ("Meridian" or the "Company") Transfer of Shares Meridian has today been informed that Peter Clutterbuck, a Non-ExecutiveDirector, arranged for the sale of 572,666 ordinary shares of 5p each in theCompany ('Shares') at the market price of 9.8p on 14 November 2007 by GlobalEnergy Consultants Limited, which is wholly-owned by Mr Clutterbuck, and thepurchase of 572,666 Shares at the market price of 9.8p on 14 November 2007 byThe Clutterbuck Sipp Trust, a self-invested personal pension of which he is thesole beneficiary. Mr Clutterbuck's beneficial interest in the Shares remains unchanged and histotal shareholding in the Company continues to be 1,791,166 Shares (includingoptions over 720,000 Shares) representing 1.85 per cent. of the issued sharecapital of the Company. ends - For further information contact: Meridian Petroleum Plc +44 (0) 20 7811 0140Stephen Gutteridge, Chairman +1 713 599 1611 Ambrian Partners +44 (0) 20 7776 6400Tim Goodman Parkgreen Communications +44 (0) 20 7851 7480Simon RobinsonErica Nelson This information is provided by RNS The company news service from the London Stock Exchange