Issue of Restricted Shares (9791Z)
January 24 2011 - 8:05AM
UK Regulatory
TIDMUEN
RNS Number : 9791Z
Urals Energy Public Company Limited
24 January 2011
24 January 2011
Urals Energy Public Company Limited
("Urals Energy" or the "Company")
Issue of Restricted Shares
Urals Energy, the Russian focused oil & gas exploration and
production company, announces that it has issued 4,059,112 ordinary
shares with a nominal value of US$0.0063 each pursuant to the terms
of the Company's Restricted Stock Plan (the "New Shares"). The New
Shares were issued credited as fully paid.
Of these New Shares, the following have been issued to members
of the Board:
Percentage of
Number of ordinary enlarged share
shares in Urals capital of Urals
Number of held following held following
Name of Director New Shares Admission Admission
Alexei Maximov 1,466,518 3,332,036 1.34%
------------- -------------------- -------------------
Leonid Y.
Dyachenko 864,198 5,021,277 2.01%
------------- -------------------- -------------------
Aleksey V Ogarev 864,198 2,671,205 1.07%
------------- -------------------- -------------------
Application has been made for the New Shares to be admitted to
trading on AIM ("Admission") and dealings are expected to commence
at 8.00am on 28 January 2011. Following Admission, the total number
of shares in issue will be 249,251,146 with a nominal value of
US$0.0063 each. This figure may be used by shareholders in the
Company as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change to their interest in, the share capital of the Company under
the Financial Services Authority's Disclosure and Transparency
Rules.
The Company can also confirm that the payment due to Petraco
Services SA ("Petraco") on 31 December 2010 has been made in
accordance with the Company's agreement with Petraco.
Enquiries:
Urals Energy Public Company Limited +7 495 795 03 00
Alexei Maximov
Grigory Kazakov
Allenby Capital Limited +44 (0)20 3328 5656
Nick Naylor
Alex Price
Pelham Bell Pottinger +44 (0)20 7861 3232
Mark Antelme
Jenny Renton
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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