Asia Energy PLC
23 December 2005
Asia Energy PLC ('the Company')
Participation of Directors in Cash Placing
On 29 November 2005, Asia Energy PLC announced that 6,740,000 new ordinary
shares had been placed at a placing price of 450 pence per share, of which
4,143,976 shares were placed firm ('Firm Placing Shares') and 2,596,024 were
placed conditionally ('Conditional Placing Shares') subject to shareholder
approval of certain resolutions which were proposed and duly passed at an EGM
held on 22 December 2005.
As noted in the placing announcement, certain Directors of the Company
participated in the Firm Placing Shares and Conditional Placing Shares. They
have today acquired beneficial interests in the Company's ordinary shares which
were placed conditionally as follows:
Director No. of Conditional Resultant %
Placing Shares in placing shareholding
David Lenigas 3,852 160,000 0.33%
Michael Frayne 3,852 193,333 0.40%
Gary Lye 770 2,000 0.004%
Total number of shares 8,474 355,333 0.74%
Total shares in issue 48,004,357
23 December 2005
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.