22nd May 2006 16:43
Meridian Petroleum PLC22 May 2006 Exercise of Options Meridian Petroleum Plc (the "Company") today announces that it has issued andallotted 300,000 ordinary shares of 5 pence each at a price of 10 pence pershare, pursuant to an exercise of options by Mr Brendon Joyce, the formerfinance director of the Company. The options were issued to Mr Brendon Joycearound the time of the Company's admission to AIM. The shares will rank pari passu with the existing Ordinary Shares of 5 penceeach in the Company and trading of these shares on AIM is expected to commenceon 26 May 2006. The total number of shares in issue following this exercise of warrants is72,704,619. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
PPC.L