Rift Helium Regulatory News (RIFT)

20 Aug 2007 11:21

Rift Oil PLC20 August 2007 For immediate release 20 August 2007 Rift Oil PLC Directors' Dealing Further to the announcement made on 7 August 2007, Rift Oil PLC ("Rift") thefollowing Directors, or entities in which certain Directors have a beneficialinterest, subscribed for New Ordinary Shares in the recent placing at thePlacing Price of 3.75p. The revised interests of the Directors following the Placing are shown below. Name Note Shares Share interest Resultant share Resultant interest subscribed before Placing interest in Enlarged Share for in Capital Placing Thornaby Limited 1 1,333,334 73,647,560 74,980,894 10.75%Ocarina Investments Limited 2 1,333,333 57,047,551 58,380,884 8.37%Peter Mikkelsen 133,333 126,400 259,733 0.04%John Bentley 666,667 nil 666,667 0.1% Notes: 1. In which Ian Gowrie-Smith has a beneficial interest. 2. In which David Lees has a beneficial interest. Enquiries: Rift Oil PLC RBC Capital Markets Buchanan CommunicationsDavid Lees Andrew Smith Tim AndersonFinance Director Martin Eales Isabel Podda+44 20 7340 9970 +44 20 7029 7881 +44 20 7466 5000 This information is provided by RNS The company news service from the London Stock Exchange