Issue of Shares

RNS Number : 2731V

Camco International Ltd

27 May 2008

 



Camco International Limited 

('Camco' or the 'Company')

Issue of shares

Camco International Limited, a leading climate change business in the growing carbon and sustainable development markets, is pleased to announce that it has issued, conditional on admission to trading on AIM, 378,383 new ordinary shares of EUR 0.01 each in the capital of Camco ('Ordinary Shares').

The shares have been issued to several of the management team and staff (none of whom are Directors of the Company) who elected to receive their bonuses for the 2007 financial year in new Ordinary Shares in lieu of cash.

Application has been made for the 378,383 new Ordinary Shares to be admitted to trading on AIM; such admission is expected to occur on 30 May 2008. The total number of Ordinary Shares in issue following the admission of these new Ordinary Shares will be 167,509,965.

Enquiries:

The Camco Group                                                                 [phone]

Jeff Kenna, Chief Executive Officer

Scott McGregor, Chief Financial Officer

KBC Peel Hunt Ltd (Nominated Adviser and Broker)             [phone]

Jonathan Marren

David Anderson

Gavin Anderson                                                                     [phone]

Ken Cronin
Kate Hill
Daniela Stawinoga

Notes to editors:

About Camco (www.camcoglobal.com)

The Camco Group is a leading climate change business in the growing carbon and sustainable energy markets. We offer a full range of carbon-related services to public and private organisations worldwide. The Group has a 20-year track record and manages one of the world's largest carbon credit portfolios.

The Group consists of three business segments:

The Camco carbon assets business is a leading project developer with one of the world's largest carbon credit portfolios. We partner with companies to identify, develop and manage projects that reduce greenhouse gas emissions, and then arrange the sale and delivery of carbon credits to international compliance buyers and into the voluntary market.

The consulting practice consists of Bradshaw, ECCM, ESD and ESD Sinosphere. It combines specialist technical, strategic and financial expertise and experience accrued over two decades to deliver a sustainable low carbon society. We are positioned to work with our clients to turn climate change liabilities into economic, social and environmental assets. 

Camco Ventures works with project and technology developers, early stage businesses and investor Groups to commercialise climate change mitigation technologies, projects and services. Part of this business is the Camco asset management vehicle.

 

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