Director/PDMR Shareholding

RNS Number : 7352C

Empyrean Energy PLC

10 March 2011

 

10 March 2011

Empyrean Energy PLC

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

Exercise of Options and Director Shareholding's

Empyrean announces that it has today issued 200,000 new ordinary shares following the exercise of options by a Director of the Company. Application will be made for these shares to be admitted to trading on AIM, the new ordinary shares are expected to commence trading on 17 March 2011. The shares will rank pari passu with the existing ordinary shares of 0.02p each in the Company.

Mr John Laycock and Corniche Hotels Limited, a company of which Mr Laycock, Finance Director is a beneficiary, have today exercised options in respect of 100,000 shares each, being a total of 200,000 options at a price of £0.06 per share and as a result, Mr. Laycock now has an interest in 400,000 ordinary shares representing approximately 0.22 % of the Total Voting Rights. 

Following the transactions, Empyrean's total issued and voting share capital will comprise  182,424,460 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.

Contact:

Empyrean Energy Plc

Tom Kelly                                                                    Tel: [phone]

Shore Capital & Corporate Limited

Anita Ghanekar                                                            Tel: [phone]

Edward Mansfield

 

END

 

 

RDSZBLFFFXFEBBK