4 Oct 2010 15:24
4 October 2010
Urals Energy Public Company Limited
("Urals Energy" or the "Company")
Issue of Stock Options
Urals Energy, the Russian focused oil & gas exploration and production company, announces that it has issued 2,474,596 ordinary shares with a nominal value of US$0.0063 each pursuant to the terms of the Company's Restricted Stock Option Plan (the "Option Shares"). The Option Shares were issued credited as fully paid.
Of these Option Shares, the following have been issued to members of the Board:
Name | Number of Option Shares |
Alexei Maximov | 1,446,518 |
Leonid Y. Dyachenko | 480,319 |
Aleksey V Ogarev | 275,816 |
Application has been made for the Option Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00am on 5 October 2010. Following the issue of the Option Shares, the total number of shares in issue will be 190,993,963 with a nominal value of US$0.0063 each. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Services Authority's Disclosure and Transparency Rules.
Enquiries:
Urals Energy Public Company Limited | +7 495 795 03 00 |
Alexei Maximov |
|
Grigory Kazakov |
|
Allenby Capital Limited |
+44 (0)20 3328 5656 |
Nick Naylor Alex Price |
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Pelham Bell Pottinger | +44 (0)20 7861 3232 |
Mark Antelme |
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Jenny Renton |
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ENDS