Admission of Vested Restricted Shares
10 July 2009 - 1:26AM
UK Regulatory
TIDMUEN
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 | | +44(0)20 7425 8000 |
| Jon Bathard-Smith | | |
| Pelham PR | | |
+-------------------------+----------+---------------------------------------+
| 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
END
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