Exercise of Options
December 17 2007 - 3:07AM
UK Regulatory
RNS Number:0349K
Gippsland Limited
17 December 2007
17 December 2007
Gippsland Limited (the "Company")
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EXERCISE OF OPTIONS
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The Company announces the issue of 1,531,974 ordinary shares of no par value
upon the exercise of 1,531,974 A$0.09 options.
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Holder of Exercise price of Number of shares Date of issue of
options options issued shares
Barry & Betty
Anderson A$0.09 20,000 17 December 2007
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Eric Hitchen A$0.09 100 17 December 2007
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G J Desmond
Tax Services
Pty Ltd A$0.09 3,000 17 December 2007
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Alan W & C
Stirling A$0.09 40,000 17 December 2007
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Peter &
Christine
Holmes A$0.09 1,600 17 December 2007
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Peter D & G
Mullins A$0.09 188 17 December 2007
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Agnes Jean Dent A$0.09 533 17 December 2007
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Paul Counsel A$0.09 1,400 17 December 2007
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Richard G & B
Cooke A$0.09 3,000 17 December 2007
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Ron Levitt A$0.09 20,000 17 December 2007
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Winifred
Sampson A$0.09 33 17 December 2007
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Ross Tinson A$0.09 21,200 17 December 2007
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Maria Anna
Harris A$0.09 320 17 December 2007
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Joel Anton
Schiller A$0.09 20,000 17 December 2007
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Jennifer
Chatwin A$0.09 600 17 December 2007
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King Town
Holdings Pty
Ltd A$0.09 1,400,000 17 December 2007
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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 21 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 263,003,903 ordinary shares
Options 40,253,082 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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