Issue of Equity and Total Vot

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.

ENDS

For further information

Gas Turbine Efficiency plc          Steven Zwolinski (Chief Executive Officer)     [phone]

Matrix Corporate Capital LLP      Nick Ellis                                                    [phone]         

Financial Dynamics                   Jon Simmons                                              [phone]         
                                                Susanne Yule

 

END

 

 

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