Options Exercised

RNS Number : 5381E

Gulfsands Petroleum PLC

07 April 2011

 



Immediate Release

7 April 2011

Gulfsands Petroleum plc ("the Company")

Options Exercised

London, 7th April 2011:  Gulfsands Petroleum plc ("Gulfsands", the "Group" or the "Company" - AIM: GPX), the oil and gas production, exploration and development company with activities in Syria, Iraq, and the U.S.A. announces that it has issued 87,000 new ordinary shares following an exercise of options by and an issue of shares to an employee of the Company on 4^th April 2011. The total number of shares in issue following exercise of these options is 121,989,500 ordinary shares

Application has been made for these shares to be admitted to trading on AIM, with admission expected to occur on 13 April, 2011.

For more information please contact:

Gulfsands Petroleum (London)                          [phone]

Richard Malcolm, Chief Executive Officer

Andrew Rose, Chief Financial Officer

Kenneth Judge, Director: Corporate Development & Communications  

Buchanan Communications Limited (London)    [phone]

Bobby Morse

Ben Romney

Chris McMahon          

RBC Capital Markets (London)                         [phone]

Josh Critchley

Matthew Coakes

Martin Eales    

 

END

 

 

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