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Urals Energy PCL (UEN)

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Thursday 09 July, 2009

Urals Energy PCL

Admission of Vested Restricte

RNS Number : 4341V
Urals Energy Public Company Limited
09 July 2009
 



9th July 2009


Urals Energy Public Company Limited

('Urals Energy' or the 'Company')

 


Admission of Vested Restricted Shares 


 

Urals Energy announces that application has been made to AIM for the admission of 72,500 new ordinary shares (the 'Shares'). The Shares are being issued in respect of the early vesting of restricted stock granted in previous years as part of the severance package payable to one senior manager of the Company who retired in 2009. No additional restricted shares have been issued nor were any cash bonuses paid based on 2008 results.


Admission is expected to be effective from 10 July 2009.


Following the admission of the new ordinary shares, Urals will have a total of 179,648,549 ordinary shares in issue.





Enquiries:


Morgan Stanley

Jon Bathard-Smith


Pelham PR




+44(0)20 7425 8000

Mark Antelme


+44(0)20 7337 1505

Evgeniy Chuikov


+44(0)20 7337 1513





  






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