16th Aug 2005 17:51
Global Energy Development PLC16 August 2005 Immediate Release 16 August 2005 GLOBAL ENERGY DEVELOPMENT PLC Exercise of Warrants Global Energy Development PLC (the "Company") announces that following receiptof notices to exercise warrants at an exercise price of 60p from fourshareholders of the Company, with the latest notice received on 8 August 2005,the Company has allotted and issued credited as fully paid 84,275 new ordinaryshares in the Company (the "New Shares"). Application has been made for the NewShares to be admitted to trading on AIM and admission is expected to occur on 22August 2005. Following admission, the issued share capital of the Company will be 35,130,430ordinary 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