31st Jan 2011 17:15
For immediate release: 31 January 2011
Northern Petroleum Plc ("Northern" or "the Company") Additional Listing & Total Voting Rights
Northern announces that pursuant to the authority granted on 30 June 2010 it has issued today 22,115 ordinary shares of 5 pence to fifteen staff in respect of the share settled element of the Company's 2010 bonus scheme. The shares have been issued at a price of 133.50 pence per share, being the average mid market closing price for the three weeks ending 21 January 2011. Each new ordinary share will rank pari passu with existing ordinary shares. Application has been made for the shares to be admitted to trading on AIM and dealings are expected to commence on 7 February 2011. Following the admission, the total number of ordinary shares in issue will be 92,047,060.
In conformity with the FSA's Disclosure and Transparency Rules, Northern would like to notify the market of the following:
As of 31 January 2011 the Company's issued share capital consists of 92,047,060 ordinary shares of 5 pence each with voting rights. Northern does not currently hold shares in Treasury. Therefore, the total number of voting rights in Northern is 92,047,060.
The above figure may be used by shareholders 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 ordinary shares of Northern under the FSA's Disclosure and Transparency Rules.
- Ends -
For further information please contact:
Northern Petroleum Plc Tel: +44 (0) 20 7469 2900 Chris Foss, Director of Finance, Legal & Corporate Affairs
Sophie Hull, Head of Corporate Communications
Cenkos Securities (NOMAD and Joint Broker) Jon Fitzpatrick Tel: +44 (0) 20 7397 8900 Ken Fleming / Beth McKiernan Tel: +44 (0) 131 220 6939 Jefferies International (Joint Broker) Tel: +44 (0) 20 7029 8000
Chris Snoxall Financial Dynamics Tel: +44 (0) 20 7831 3113
Billy Clegg / Edward Westropp
Bishopsgate Communications Tel: +44 (0) 20 7562 3350
Nick Rome / Michael Kinirons
Notes to Editors:
Further information on Northern is available at www.northpet.com.
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