Indago Petroleum Exercise of Options

Date : 10/08/2008 @ 12:40PM
Source : UK Regulatory (RNS and others)
Stock : Indago Petroleum Ltd (IPL)
Quote : 34.5  0.0 (0.00%) @ 1:00AM
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Indago Petroleum Exercise of Options

    RNS Number : 4358F
  Indago Petroleum Limited
  08 October 2008
   

    8 October 2008

    INDAGO PETROLEUM LIMITED

    Exercise of Options

    Indago Petroleum Limited ("the Company") announces that options in respect of 14,286 ordinary shares in the Company were exercised on 3
October 2008. Accordingly, these shares were duly issued and allotted on 6 October 2008.

    Application has been made to the London Stock Exchange for these ordinary shares to be admitted to trading on AIM on 14 October 2008.

    Following this exercise, the total number of the Company's shares currently in issue is 53,356,168.

    In addition, options over a further 1,227,034 ordinary shares in the Company lapsed on 5 October 2008. There are 3,334,521 options which
remain outstanding. 



    Enquiries:

 Indago Petroleum Limited
 Martin Groak, Chief Financial Officer                   +44 (0) 20 7096 3461

 Ambrian Partners Limited (NOMAD and corporate broker)
 Marc Cramsie (NOMAD)                                    +44 (0) 20 7634 4705

 College Hill Associates                                + 44 (0) 20 7457 2020
 Nick Elwes / Paddy Blewer



This information is provided by RNS
The company news service from the London Stock Exchange
 
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