Exercise of Options
21 December 2007 - 8:33PM
UK Regulatory
RNS Number:4790K
Gippsland Limited
21 December 2007
21 December 2007
Gippsland Limited (the "Company")
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EXERCISE OF OPTIONS
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The Company announces the issue of 3,533,426 ordinary shares of no par value
upon the exercise of 3,533,426 A$0.09 options.
Holder of Exercise price of Number of shares Date of issue of
options options issued shares
Tmungavin
Investments
Pty Ltd A$0.09 60,000 21 December 2007
Horia Brihac A$0.09 20,000 21 December 2007
Cumbak Pty Ltd A$0.09 500,000 21 December 2007
Susan Lecky A$0.09 200,000 21 December 2007
Mandu Super
Fund Pty Ltd A$0.09 2,260,000 21 December 2007
Tony Eamon
Mungavin A$0.09 160,000 21 December 2007
Braden Harris A$0.09 1,760 21 December 2007
Janet Cameron
Jeffery A$0.09 80,000 21 December 2007
Betty Eileen
Mariner A$0.09 133 21 December 2007
Yvonne Emily
McCutcheon A$0.09 133 21 December 2007
Peter Allan
Dufty A$0.09 12,000 21 December 2007
Richard John
Wade A$0.09 125,000 21 December 2007
Richard John
Wade A$0.09 4,000 21 December 2007
Ray Osterberg A$0.09 400 21 December 2007
Lawrence & DL
Walton A$0.09 110,000 21 December 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 31 December 2007.
Immediately after the issue of the above shares, the number of shares and
options on issue will be as follows:
Shares on issue 266,537,329 ordinary shares
Options 36,719,656 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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