Xcite Energy Limited ("Xcite Energy" or the "Company") Transfer of Shareholdings
June 17 2010 - 1:00AM
Marketwired
This Announcement Is Not for Release, Publication or Distribution
in or Into the United States
Each of Richard Smith, Rupert Cole and Stephen Kew, the three
executive directors of Xcite Energy (TSX-V: XEL) (LSE: XEL) (AIM:
XEL), have entered into separate unconditional contracts to
transfer all of their shareholdings in the Company to separate
non-UK based companies in which they each hold 100% of the issued
share capital.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
ENQUIRIES: Xcite Energy Limited Richard Smith
Chief Executive Officer Rupert Cole Chief Financial Officer +44 (0)
1330 826740 Arbuthnot Securities Limited (Nomad and Broker)
Antonio Bossi Director Andrew Fairclough Director +44 (0)20 7012
2000 Pelham Public Relations Mark Antelme Director +44 (0)
20 7861 3232 Paradox Public Relations Jean-Francois Meilleur
Consultant +1 514 341 0408
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