31 Jan 2006 07:00
India Star Energy plc31 January 2006 India Star Energy plc £150,000 placing with Starvest PLC India Star Energy plc is pleased to announce that it has raised £150,000 throughthe placing of 15,000,000 ordinary shares of the Company at 1p per share withStarvest PLC, an investment company. An application has been made for the admission of the new Ordinary Shares totrading on the AIM Market. The new shares will rank pari passu with the existingordinary shares of the Company and dealings in these shares are expected tocommence on 6 February 2006. Following the placing Starvest PLC now holds 25,000,000 shares equalling 15.15%of the 165,000,000 issued shares of the Company. Contact Paul Mc Groary, Chief Executive 07930 568 160 Smit Berry, Non-Executive Chairman 020 8656 4648 This information is provided by RNS The company news service from the London Stock Exchange