Issue of broker options
January 31 2008 - 2:01AM
UK Regulatory
RNS Number:8736M
Gippsland Limited
31 January 2008
Gippsland Limited ("Gippsland")
ISSUE OF BROKER OPTIONS
Gippsland Limited (ASX, AIM, FRA : GIP) advises that it has issued 2 million
options to each of the Company's London-based co-brokers, Seymour Pierce Limited
and Fox-Davies Capital Ltd.
These unlisted and non-transferable options have an exercise price of 7 UK pence
and an expiry date of 15 December 2011.
Immediately after the issue of the above shares, the number of Gippsland shares
and options on issue will be as follows:
Ordinary Shares on Issue 293,198,772
Unlisted Options on Issue 25,000,000 exercise price A$0.135, 26/5/2012
4,000,000 exercise price UK�0.07, 15/12/2011
RJ (Jack) Telford
Executive Chairman
Gippsland Limited
www.gippslandltd.com
For further information please contact:
Jack Telford
Gippsland Limited
T: +61 (0)8 9340 6000
E: jtelford@gippslandltd.com
--------------------------------
David Newton, Director Corporate Finance Richard Hail, Head of Corporate
Finance
Seymour Pierce Limited Fox-Davies Capital
T: +44 (0)20 7107 8000 T: +44 (0)20 7936 5200
E: davidnewton@seymourpierce.com E: richard.hail@fdcap.com
------------------------------------- ----------------------------
Jane Stacey / Ed Portman Warrick Hazeldine
Investor Relations Investor Relations
T: +44 (0)20 7429 6606 / 6607 T: +61 (0)8 9485 1254
M: +44 (0)792 292 3306 M: +61 (0)417 944 616
E: jane@conduitpr.com / ed@conduitpr.com E: whazeldine@purplecom.com.au
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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