Exercise of Options
01 August 2008 - 12:48PM
UK Regulatory
RNS Number : 4606A
Indago Petroleum Limited
01 August 2008
INDAGO PETROLEUM LIMITED
Exercise of Options
Indago Petroleum Limited ("the Company") announces that options in respect of 8,571 ordinary shares in the Company have been exercised.
Accordingly, these shares were duly issued and allotted on 24th July 2008.
Application has been made to the London Stock Exchange for these ordinary shares to be admitted to trading on AIM on 6th August 2008.
Following the share consolidation announced on 14th March 2007, 22 more shares were admitted to trading on AIM than were issued.
Therefore, following this option exercise, the total number of the Company's shares currently in issue is 53,341,882.
In addition, there are 4,581,556 options which remain outstanding.
1 August 2008
Enquiries:
Indago Petroleum Limited
Tim Eggar, Chairman +44 (0) 20 7963 460
David Bremmer, CEO + 1 805 708 4892
Martin Groak, CFO +44 (0) 20 7963 460
JPMorgan Cazenove (corporate broker) +44 (0) 20 7588 2828
Barry Weir
Neil Haycock
Nabarro Wells (nominated adviser) +44 (0) 20 7634 4705
Marc Cramsie
College Hill + 44 (0) 20 7457 2020
Paddy Blewer
Nick Elwes
This information is provided by RNS
The company news service from the London Stock Exchange
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