Director/PDMR Shareholding
September 20 2005 - 3:00AM
UK Regulatory
Dealing by Director
TSX: FCP LSE: FPL
CALGARY, Sept. 19 /CNW/ - First Calgary Petroleums Ltd. ("FCP") announces
that 100,000 common shares were issued on September 15, 2005 by the Company
pursuant to the exercise of stock options by Mr. Raymond Antony, a
non-executive director of the Company. The stock options were exercised at
$1.25 (Cdn.) per share and the 100,000 common shares were sold through the
facilities of the Toronto Stock Exchange on September 15 and 16 at an average
price of $9.55 (Cdn.) per share. Mr. Antony advises that the shares were sold
as part of his personal income tax and estate planning. Mr. Antony currently
owns 100,000 common shares of FCP and 150,000 stock options.
First Calgary Petroleums Ltd. is an oil and gas exploration company
actively engaged in international exploration and development activities,
primarily in Algeria. The company's common shares trade on the Toronto Stock
Exchange in Canada (FCP) and on the AIM market of the London Stock Exchange in
the UK (FPL).
This press release is being issued in compliance with the rules of the
AIM market of the London Stock Exchange.
For further information: Richard G. Anderson, President and CEO, First
Calgary Petroleums Ltd., Tel: (403) 264-6697; Website: www.fcpl.ca
(FPL)
END
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