RNS Number : 8758P
Gas Turbine Efficiency PLC
23 July 2010
23 July 2010
Gas Turbine Efficiency plc
("GTE" or "the Company")
Issue of Equity and Total Voting Rights
GTE announces that, (i) under the terms of the Company's 2009 Restricted Share Plan and (ii) in accordance the terms of a Compromise Agreement with a former employee, it has allotted and issued a total of 291,707 ordinary shares of £0.002 each ("Ordinary Shares").
The Ordinary Shares were allotted and issued on 12 July 2010 and application has been made to AIM for the Ordinary Shares to be admitted to trading, which is expected to take place on 28 July 2010.
Following this issue of equity the total issued share capital of the Company will be 102,040,551 ordinary shares of £0.002 each. The Company holds no ordinary shares in treasury. The above figure of 102,040,551 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, the Company under the FSA's Disclosure and Transparency Rules.
For further information
Gas Turbine Efficiency plc Steven Zwolinski (Chief Executive Officer) +46 (0) 8546 10 528
Matrix Corporate Capital LLP Nick Ellis +44 (0) 20 3206 7000
Financial Dynamics Jon Simmons +44 (0) 20 7831 3113
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