20th Apr 2006 15:41
Afren PLC20 April 2006 AFREN PLC Issue of Equity Afren PLC ("Afren" or the "Company") announces that it was notified on 19 April2006 that Ocean Venture Investments Limited has exercised warrants over 800,000ordinary shares in the Company. The warrants have an exercise price of 10 pence. Consequently, the Company has allotted and issued credited as fully paid 800,000new ordinary shares in the Company (the "New Shares"). Application has beenmade for the New Shares to be admitted to trading on AIM and admission isexpected to occur on 26 April 2006. The New Shares will rank pari passu withthe Company's existing Ordinary Shares. Following admission of the New Shares, the issued share capital of the Companywill be 190,239,496 Ordinary Shares. For further information: Afren plc Osman Shahenshah, Chief Financial Officer +44 (0) 20 7182 1800 [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AFR.L