6th Apr 2006 10:44
Ramco Energy PLC06 April 2006 Ramco Energy plc("Ramco") RAMCO'S CHAIRMAN INCREASES SHAREHOLDING Ramco, the Aberdeen based independent exploration company, announces that on 5April 2006 it raised £148,292 through the issue of 520,322 new ordinary sharesof 10p each, at a price of 28.5p. The shares were issued to its Chairman SteveRemp's pension fund. The funds will supplement working capital. An application has been made to London Stock Exchange for the new ordinaryshares to be admitted to trading on AIM and it is expected that trading willcommence on 13 April 2006. Following the share issue there are now 33,665,035 ordinary shares of 10p eachin Ramco Energy plc in issue. Mr Remp's beneficial holding now totals 3,855,668ordinary shares, representing 11.45 per cent. of the issued share capital ofRamco. Mr Remp also holds options over 432,500 shares. 6 April 2006 ENQUIRIES: Ramco Energy plc Steven Bertram, Managing Director 01224 352 200 College Hill - London Nick Elwes / Ben Brewerton 020 7457 2020 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Seascape Energy