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
 
  END 
 
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