28th Aug 2008 16:10
28 August 2008
Forum Energy Plc ("Forum Energy" or the "Company")
Issue of Equity and Total Voting Rights
On 22 August 2008, Forum Energy issued 303,663 ordinary shares of 10p each ("Ordinary Shares") following the exercise of options in accordance with the Company's Long Term Incentive Plan. These options were exercised as a result of share price performance targets being met.
Application has been made for these Ordinary Shares, which have been issued and credited as fully paid and will rank pari passu with the existing Ordinary Shares, to be admitted to AIM.
The Company does not hold any Ordinary Shares in Treasury and the Company's issued share capital is now 29,015,372 Ordinary Shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Forum Energy under the FSA's Disclosure and Transparency Rules.
For further information please contact:
Alan Henderson Tel: +44 (0)1932 445 344
Forum Energy Plc, Chairman and acting Chief Executive Officer
Nick Naylor / Jamie Boyd Tel: +44 (0)20 7763 2200
Noble & Company Ltd, Nominated Adviser & Broker
Or visit the Company's website:
www.forumenergyplc.com
Related Shares:
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