17th Aug 2005 12:57
Asia Energy PLC17 August 2005 ASIA ENERGY PLC ISSUE OF EQUITY Asia Energy PLC ("the Company"), the 100% owner of the Phulbari Energy Projectin north-west Bangladesh, today announces that it has issued and allotted100,000 new Ordinary Shares of 10p each, at a price of 75p, pursuant to anexercise of warrants. These new Ordinary Shares are issued under the terms ofthe Company's existing warrant instrument with W.H. Ireland Limited, theCompany's previous Nominated Adviser and Broker. In addition, a further 500,000 new Ordinary Shares were today issued andallotted pursuant to an exercise of existing options. The new Ordinary Shares will rank pari passu with the existing Ordinary Sharesof 10p each in the Company and trading of these shares on AIM is expected tocommence on 23 August 2005. The total number of Ordinary Shares in issue following this issue is 40,887,691. 17 August 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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