Exercise of Options
10 April 2008 - 12:37AM
UK Regulatory
RNS Number:9986R
Oriel Resources PLC
09 April 2008
9 April 2008
Oriel Resources PLC ("Oriel" or the "Company")
Exercise of Options
Oriel Resources plc (AIM:ORI, TSX:ORL) announces that options over ordinary
shares of 1p each in the share capital of the Company under the Company's share
option scheme were exercised on 9 April 2008.
Details of the options exercised are as follows:
Number of options Exercise Price
100,000 49p
Accordingly, application will be made for 100,000 ordinary shares of 1p each in
the Company, which will rank pari passu with existing ordinary shares, to be
admitted to trading on AIM. The admission is expected to occur on or about 15
April 2008. Following the exercise of these options the total issued capital of
the Company will be 637,545,154 ordinary shares.
Enquiries:
Oriel Resources Plc
David Swan 020 7514 0590
This information is provided by RNS
The company news service from the London Stock Exchange
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