Director Declaration

RNS Number : 9264C

Regal Petroleum PLC

14 March 2011

 



14 March 2011

REGAL PETROLEUM PLC

("Regal" or the "Company")

SALE OF SHARES BY DIRECTORS

The Company has today been notified that, following the closing of the increased, recommended partial cash offer (the "Offer") made by Energees Management Limited ("Energees") for up to 224,446,485 ordinary shares of 5 pence each in the capital of the Company and pursuant to the irrevocable undertakings given by the directors to accept the Offer and the proposals put to the holders of options under the Company's Long Term Incentive Plan by Energees, the following directors of the Company sold, on 10 March 2011, an aggregate of 1,871,413 ordinary shares of 5 pence each in the capital of the Company at the Offer price of 38 pence per share:

Name	Number of shares sold	Percentage of issued share capital
Keith Henry	433,334	0.14%
Hendrikus Verkuil	613,750	0.27%
Robert Wilde	653,750	0.20%
Adrian Coates	170,579	0.05%

Accordingly, none of the directors of the Company currently hold any shares, options or other rights to subscribe for shares, in the capital of the Company.

Enquiries

For further information please contact:

Regal Petroleum plc
Keith Henry, Chairman                                      Telephone:        [phone]
Robert Wilde, Finance Director

Strand Hanson Limited
Simon Raggett                                                  Telephone:        [phone]
Rory Murphy

Citigate Dewe Rogerson

Martin Jackson                                                 Telephone:        [phone]
George Cazenove

 

END

 

 

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