10th May 2007 16:41
Burren Energy PLC10 May 2007 Thursday 10 May 2007 Burren Energy plc (the "Company" or "Burren") Exercise of Options and sale of shares Burren announces pursuant to Rule 12.6.4 of the Listing Rules, that on the 9 May2007, it re-issued 137,778 ordinary shares from Treasury to Andrew Rose, aDirector of the Company. No consideration was payable by Mr Rose in connectionwith the awards. The shares were issued to him following the call for an awardof 22,394 deferred shares under the Company's Annual Profit Sharing Scheme("APSS"), and a call for an award of 115,384 deferred shares under thePerformance Share Plan ("PSP"). Following this re-issue, Andrew Rose sold 20,000 ordinary shares at an averageprice of 804.5p per share, in order to partially fund the tax liability arising. Following these transactions, the interests of Andrew Rose in the issued sharecapital and the fully diluted share capital of the Company are as follows: No. of % of issued No of shares under option / % of fully dilutedOrdinary share capital deferred shares share capitalShares150,959 0.11 % 549,198 0.49 % Following this re-issue, the total number of ordinary shares held in Treasury is16. The total number of ordinary shares in issue, excluding Treasury shares is141,070,058. Enquiries: Burren Energy Tel: 020 7484 1900Andrew Rose, Chief Financial Officer Shona Harvey, Communications Managerwww.burren.co.uk Pelham PR Tel: 020 7743 6676James HendersonAlisdair Haythornthwaite This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Burford Capital