Indago Petroleum Announcements

Exercise of Options

08 October 2008 17:40:50



RNS Number : 4358F Indago Petroleum Limited 08 October 2008  
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8 October 2008

INDAGO PETROLEUM LIMITED

Exercise of Options

Indago Petroleum Limited ("the Company") announces that options in respect of 14,286 ordinary shares in the Company were exercised on 3 October 2008. Accordingly, these shares were duly issued and allotted on 6 October 2008.

Application has been made to the London Stock Exchange for these ordinary shares to be admitted to trading on AIM on 14 October 2008.

Following this exercise, the total number of the Company's shares currently in issue is 53,356,168.

In addition, options over a further 1,227,034 ordinary shares in the Company lapsed on 5 October 2008. There are 3,334,521 options which remain outstanding. 

Enquiries:

Indago Petroleum Limited

Martin Groak, Chief Financial Officer
+44 (0) 20 7096 3461
Ambrian Partners Limited (NOMAD and corporate broker)

Marc Cramsie (NOMAD)
+44 (0) 20 7634 4705
College Hill Associates
+ 44 (0) 20 7457 2020
Nick Elwes / Paddy Blewer
This information is provided by RNSThe company news service from the London Stock Exchange  END  MSCEAKEPEDXPFFE

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