EXERCISE OF OPTIONS (7677U)

TIDMGED

RNS Number : 7677U

Global Energy Development PLC

30 December 2011

 
 For Immediate Release    30 December 2011

GLOBAL ENERGY DEVELOPMENT PLC

(the "Company")

EXERCISE OF OPTIONS

Global Energy Development PLC, the Latin America focused petroleum exploitation, development and production company (LSE-AIM: "GED") announces that it is issuing 22,981 new ordinary shares in the capital of the Company following an exercise of options.

Application was made for the admission of the new ordinary shares to trade on AIM, with dealings expected to commence on 4 January 2012. Following admission of the new ordinary shares, the Company will have 35,789,755 ordinary shares in issue.

For further information:

Global Energy Development PLC

 
 Anna Williams, Director of Business 
   Development                           +001 817 310 0240 
  awilliams@globalenergyplc.com 
   www.globalenergyplc.com

Buchanan Communications

 
 Tim Thompson        +44 (0)20 7466 5126 
 Ben Romney          +44 (0)20 7466 5132 
 
 
 Northland Capital Partners Limited 
                                       +44 (0)20 7796 
 Louis Castro                           8800

Lauren Kettle

This information is provided by RNS

The company news service from the London Stock Exchange

END

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