15th Mar 2006 15:54
Global Energy Development PLC15 March 2006 Immediate Release 15 March 2006 GLOBAL ENERGY DEVELOPMENT PLC EXERCISE OF OPTIONS Global Energy Development PLC (the "Company") announces that following receiptof notices to exercise options at an exercise price of 50p and 151.1p, theCompany has allotted and issued credited as fully paid 88,347 new ordinaryshares in the Company (the "New Shares"). Application has been made for the New Shares to be admitted to trading on AIMand admission is expected to occur on 21 March 2006. The new ordinary shareswill rank pari passu with the existing shares of the Company. Following admission, the issued share capital of the Company will be 35,323,777ordinary shares. For further information: Global Energy Development PLCCatherine Miles, director of Investor Relations +44 (0) 20 7763 7177www.globalenergyplc.com +44 (0) 7909918034 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
NAUT.L