19th Dec 2005 09:48
Global Petroleum Ltd19 December 2005 Global Petroleum Limited Issue of equity The Company advises that it has applied for 714,982 ordinary shares, at no parvalue to be admitted to trading on AIM. Such admission is expected to be onThursday 22 December 2005. An application for quotation of the new shares hasbeen made to the ASX today and the shares are expected to be quoted on Thursday22 December 2005. The shares are in part consideration for the Company's 100% acquisition ofAstral Petroleum Limited which was completed on 16 December 2004. The balance ofthe consideration was paid on completion. There may be further considerationpayable in the form of fully paid shares if the Company can Farmout the acquiredIreland and Malta licenses on certain terms and conditions. Full details areavailable on the Company's website at www.global-petroleum.co.uk. The total number of fully paid ordinary shares in Global Petroleum Limited afteradmission of the above shares will be 170,294,787. Des OllingCompany SecretaryGlobal Petroleum LimitedLevel 9, 46 Edward StreetBrisbane, QldAustralia 4000Tel: 61 7 3211 1122Fax: 61 7 3211 0133E-mail: [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Global Petroleum