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31 Jul 2009 14:11
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31Β JulyΒ 2009Β
Ramco Energy plc ("Ramco" or the "Company")Β
Exercise of Share Options
Β
Ramco, the Aberdeen-based energy investment company, announces that, following the exercise ofΒ 70,000Β share options by a former employee, it has allotted and issued, conditional upon admission to theΒ AIMΒ market,Β 70,000 new ordinary shares ("New Ordinary Shares") of 10p each.Β
The exercise of theΒ share options, which were granted, under the Company Share Option PlanΒ inΒ JulyΒ 2005 at a price of 34p per share, results in the Company receiving Β£23,800 as proceeds of the exercise.Β
Application will be made for the New Ordinary Shares to be admitted toΒ AIMΒ and dealings are expected to commence onΒ 6Β AugustΒ 2009.
Β
Following the issue of the New Ordinary Shares, the total number of issued ordinary shares in the Company will be 53,089,279.Β
For further information contact:Β
|
Ramco Energy plcΒ |
|
|
Chris Moar, Finance DirectorΒ |
+44 1224 748480Β |
|
Ambrian Partners LimitedΒ |
|
|
Andrew Craig, NOMADΒ |
+44 207 634 4700Β |
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