Exercise of Options

24 Nov 2005 13:57

Alkane Energy PLC24 November 2005 ALKANE ENERGY PLC ("the Company") 24 November 2005 EXERCISE OF OPTIONS The Company announces that today, following the exercise of share options underan individual share option plan granted on 7 November 2000, it has issued andallotted 100,000 new ordinary shares of 0.5 pence each respectively. Theexercise price was 17.5p per share. The issued ordinary share capital of the Company is now 91,257,143 ordinaryshares of 0.5 pence each. Application will be made for the new ordinary shares to be admitted to AIM assoon as practicable. ENDS This information is provided by RNS The company news service from the London Stock Exchange