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Exercise of Options

10th Dec 2012 07:00

RNS Number : 0837T
Global Energy Development PLC
10 December 2012
 



 

 

For Immediate Release

 10 December 2012

 

 

GLOBAL ENERGY DEVELOPMENT PLC

(the "Company")

EXERCISE OF OPTIONS

 

Global Energy Development PLC, the Latin America focused petroleum exploitation, development and production company (LSE-AIM: "GED") announces that it is issuing 62,523 new ordinary shares in the capital of the Company following an exercise of options by former employees.

 

Application has been made for the admission of the new ordinary shares to trading on AIM, with dealings expected to commence on 13 December 2012. Following admission of the new ordinary shares, the Company will have 36,107,180 ordinary shares in issue.

 

For further information:

 

Global Energy Development PLC

Anna Williams, Finance Director

+001 817 310 0240

[email protected]

www.globalenergyplc.com

 

Buchanan Communications

Tim Thompson

+44 (0)20 7466 5126

Ben Romney

+44 (0)20 7466 5132

 

Northland Capital Partners Limited

Louis Castro

+44 (0)20 7796 8800

Lauren Kettle

 

Westhouse Securities Limited +44 (0)20 7601 6100

Petre Norton

Andrew Matharu

This information is provided by RNS
The company news service from the London Stock Exchange
 
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