5th May 2006 15:58
Global Energy Development PLC05 May 2006 Immediate Release 5 May 2006 GLOBAL ENERGY DEVELOPMENT PLC EXERCISE OF OPTIONS Global Energy Development PLC (the "Company") announces that following receiptof a notice to exercise options at an exercise price of 151.1p, the Company hasallotted and issued credited as fully paid 4,651 new ordinary shares in theCompany (the "New Shares"). Application has been made for the New Shares to be admitted to trading on AIMand admission is expected to occur on 11 May 2006. The new ordinary shares willrank pari passu with the existing shares of the Company. Following admission, the issued share capital of the Company will be 35,328,428ordinary shares. For further information: Global Energy Development PLC Catherine 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