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Exercise of Options

16th Feb 2006 11:37

Alkane Energy PLC16 February 2006 ALKANE ENERGY PLC (the Company") 16 February 2006 EXERCISE OF OPTIONS The Company announces that today, following the exercise of share options underthe Company's Post-Admission Share Option Plan, it has issued and allotted100,000 new ordinary shares of 0.5 pence each respectively. The exercise pricewas 12.75p per share. The issued ordinary share capital of the Company is now 91,418,773 ordinaryshares of 0.5 pence each. Application will be made for the new ordinary shares to be admitted to AIM assoon as practicable. ENDS This information is provided by RNS The company news service from the London Stock Exchange

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Alkemy Capital.
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