Exercise of Options

RNS Number : 5502V

Empyrean Energy PLC

13 July 2009

 



13 July 2009

Empyrean Energy PLC

('Empyrean' or the 'Company'; Ticker (EME))

Exercise of Options

Empyrean today announces that it has issued and allotted 100,000 new ordinary shares of 0.02p each, at a price of 4p per share, pursuant to an exercise of options by Finance Director John Laycock. Application will be made for these shares to be admitted to trading on AIM. 

The shares will rank pari passu with the existing ordinary shares of 0.02p each in the Company. Following admission to trading on AIM, Empyrean's total issued and voting share capital will comprise 121,924,460 ordinary shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, securities of the Company.

Following the exercise of these options, Mr Laycock has a beneficial interest in 100,000 ordinary shares in the Company representing 0.08% of the issued and outstanding share capital of the Company on a non diluted basis.

For further information 

Empyrean Energy plc 

Tom Kelly

Tel: [phone]  

Astaire Securities Plc 

Jerry Keen / Shane Gallwey

 ([phone]

 

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