Issue of Equity

18 Jun 2007 14:53

Ascent Resources PLC18 June 2007 Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas 18 June 2007 Ascent Resources plc ("Ascent" or the "Company") Issue of Equity Further to its announcement on 19 March 2007, the Company announces that1,391,408 new ordinary shares of 0.01p each ("Ordinary Shares") have been issuedand allotted to the vendors of the 10% additional interest in the FrosinoneExploration permit in the Latina Valley of Italy. In addition, Ascent announces that it has issued and allotted 549,451 OrdinaryShares at a price of 12 pence per share, pursuant to an exercise of warrants. Application has been made to the London Stock Exchange for the Ordinary Shares,which will rank pari passu with existing shares in issue, to be admitted totrading on AIM, and admission is expected to become effective on 20 June 2007. The total number of Ordinary Shares in the Company in issue following theadditional listing will be 292,445,750. ENDS For further information visit www.ascentresources.co.uk or contact: Jeremy Eng Ascent Resources plc Tel: 020 7251 4905 Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477 This information is provided by RNS The company news service from the London Stock Exchange