16 February 2010
Gas Turbine Efficiency plc
("GTE" or "the Company")
Issue of Equity and Total Voting Rights
GTE announces that it has allotted and issued 151,250 ordinary shares of .002p each ("Ordinary Shares") under the terms of the Company's 2009 Restricted Share Plan.
The Ordinary Shares were issued on 15th February 2010 and an application has been made to AIM for the Ordinary Shares to be admitted to trading, which is expected to take place on 25th February 2010.
Following this issue of equity the total issued share capital of the Company will be 101,748,844 ordinary shares of .002p each. The Company holds no ordinary shares in treasury. Therefore, following the issue, the total number of voting rights in the Company will be 101,748.844.
For further information:
Gas Turbine Efficiency plc Steven Zwolinski (Chief Executive Officer) +46 (0) 8546 10 528
Kevin Dotts (Chief Financial Officer)
Matrix Corporate Capital LLP Nick Ellis +44 (0) 20 3206 7000
Tim Graham
Financial Dynamics Jon Simmons +44 (0) 20 7831 3113
Susanne Yule