Exercise of Options
15 November 2007 - 8:08PM
UK Regulatory
RNS Number:7844H
Gippsland Limited
15 November 2007
15 November 2007
Gippsland Limited (the "Company")
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ISSUE OF SHARES
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The Company announces the issue of 500,000 ordinary shares of no par value upon
the exercise of 500,000 A$0.09 options.
Holder of Exercise price of Number of shares Date of issue of
options options issued shares
King Town
Holdings Pty
Ltd A$0.09 500,000 15 November 2007
The shares issued rank pari passu with existing ordinary shares on issue.
Application has been made for the new shares to be admitted to trading on AIM
and this is expected to take place on 21 November 2007.
Immediately after the issue of the above shares, the number of shares and
options on issue will be as follows:
Shares on issue 260,143,351 ordinary shares
Options 43,113,634 A$0.09 options expiry 31.12.2007
10,000,000 #0.04 options expiry 31.12.2007
4,500,000 A$0.15 options expiry 31.12.2007
25,000,000 A$0.135 options expiry 26.05.2012
For further information please contact:
Jack Telford Gippsland Limited T: +61 (0)8 9340 6000
Fiona Owen Grant Thornton Corporate Finance T: +44 (0)20 7383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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