TIDMGED

RNS Number : 8092U

Global Energy Development PLC

04 January 2013

 
 For Immediate Release    4 January 2013

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 5,007 new ordinary shares in the capital of the Company following an exercise of options by a former employee.

Application has been made for the admission of the new ordinary shares to trading on AIM, with dealings expected to commence on 9 January 2013. Following admission of the new ordinary shares, the Company will have 36,112,187 ordinary shares in issue.

For further information:

Global Energy Development PLC

 
 Anna Williams, Finance Director    +001 817 310 0240 
  awilliams@globalenergyplc.com 
   www.globalenergyplc.com

Buchanan

 
 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

   Westhouse Securities Limited                                              +44 (0)20 7601 6100

Petre Norton

Andrew Matharu

This information is provided by RNS

The company news service from the London Stock Exchange

END

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