Regal Petroleum PLC
08 April 2004
For Immediate Release 8 April 2004
REGAL PETROLEUM PLC ('the Company')
Director's Shareholding
The Company was notified today that on 8 April 2004, pursuant to the Company's
Executive Share Option Scheme ('ESOS'), Mr W H Humphries has exercised options
over 350,000 Ordinary Shares of 5 pence each ('Ordinary Shares') at an average
exercise price of 79.5 pence per Ordinary Share. Following this exercise Mr W H
Humphries is no longer interested in any options over Ordinary Shares. In
addition, pursuant to the ESOS a former employee has also exercised options over
150,000 Ordinary Shares. Accordingly, the Board of the Company has today
allotted 350,000 Ordinary Shares to Mr W H Humphries and 150,000 Ordinary Shares
to a former employee.
Application has been made to the Alternative Investment Market of the London
Stock Exchange ('AIM') for the admission to trading of these 500,000 Ordinary
Shares. These shares rank pari passu with the Company's existing Ordinary
Shares and dealings are expected to commence on 16 April 2004 on AIM.
As a result of this share issue, Mr W H Humphries has a beneficial interest in
350,000 Ordinary Shares representing 0.3 per cent. of the Company's share
capital.
8 April 2004
For further information, please contact:
Regal Tel: 020 7647 6622
Stephen West, Company Secretary
Buchanan Communications Tel: 020 7466 5000
Bobby Morse
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.