Issue of Equity

RNS Number : 4850D
Roxi Petroleum Plc
02 December 2009
 



2 December 2009

Roxi Petroleum PLC

("Roxi" or the "Company")


Issue of Equity


The Company announces that, following the exercise of options, it has issued 12,050,000 new ordinary shares of 1p each in the Company ("Ordinary Shares") at an exercise price of 10p per share. 

Application has been made for the admission of 12,050,000 new Ordinary Shares to be admitted to trading on AIM. It is expected that admission will become effective and that dealings will commence on 8 December 2009. On admission, the Company will have 417,182,165 Ordinary Shares in issue. 


Roxi Petroleum plc
Clive Carver, non-executive chairman                +44 (0) 207 600 1658
Rob Schoonbrood, CEO  
                                 +7 727 244 0920

College Hill (Financial PR)
Nick Elwes / Simon Whitehead                         +44 (0) 20 7457 2020

Matrix Corporate Capital LLP (NOMAD and broker)
Alastair Stratton / Anu Tayal                            +44 (0) 203 206 7000




This information is provided by RNS
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