19th Jul 2006 15:55
Alkane Energy PLC19 July 2006 ALKANE ENERGY PLC ("the Company") 19 July 2006 EXERCISE OF OPTIONS AND DIRECTOR SHAREHOLDING The Company announces that today, following the exercise of share options underthe Company's Sharesave 2003 share option plan, it has issued and allotted 308,151 new ordinary shares of 0.5 pence each respectively. The exercise price was 9.2p per share. The issued ordinary share capital of the Company is now 91,726,924 ordinaryshares of 0.5 pence each. Application will be made for the new ordinary shares to be admitted to AIM assoon as practicable. As part of this exercise of options, Stephen Goalby, a director of the Company,has purchased 102,717 shares at a price of 9.2p per share. Following this purchase Stephen Goalby currently has a beneficial interest in502,717 ordinary shares in the Company representing 0.55 per cent of the currentissued share capital of the Company. ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Alkemy Capital.