Issue of Option
June 18 2009 - 5:15AM
UK Regulatory
TIDMIVE
RNS Number : 1126U
Irvine Energy PLC
18 June 2009
Irvine Energy plc / Index: AIM / Epic: IVE / Sector: Exploration & Production
18 June 2009
Irvine Energy plc ("Irvine" or "the Company")
Issue of Option to GasRock Capital
Irvine Energy plc, the AIM listed oil and gas exploration and production
company, has granted GasRock Capital LLC ("GasRock") an option to subscribe for
100 million ordinary shares in the Company for 0.1 pence per share. The Company
has granted the option in satisfaction of its obligations under the release of
guarantee referred to in its announcement of 24 March 2009 and as approved at
the general meeting of the Company on 15 May 2009.
The Company's shares will remain suspended until further notice.
* * ENDS * *
For further information please visit http://www.irvineenergy.com or contact:
+---------+------------+-----------+
| Ross | Irvine | Tel: |
| Warner | Energy | +44 |
| | plc | (0) 20 |
| | | 7766 7500 |
+---------+------------+-----------+
| Rob | Evolution | Tel: |
| Collins | Securities | +44 |
| | | (0) 20 |
| | | 7071 4300 |
+---------+------------+-----------+
| Adam | Evolution | Tel: |
| James | Securities | +44 |
| | | (0) 20 |
| | | 7071 4300 |
+---------+------------+-----------+
| Hugo | St | Tel: |
| de | Brides | +44 |
| Salis | Media | (0) 20 |
| | & | 7236 1177 |
| | Finance | |
+---------+------------+-----------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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