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RNS Number : 6632K

San Leon Energy PLC

19 July 2011

19 July 2011

San Leon Energy Plc

Additional Listing

San Leon Energy Plc ("San Leon" or the "Company") announces that application has been made for the admission to AIM of 32,917,154 new ordinary shares of EUR0.05 each in the Company ("Shares").

The new Shares have been issued in relation to:

-- 30,845,336 new Shares issued to PGS Ventures AS ('PGS Ventures'): 30,633,092 new Shares were issued at 15 pence per Share and 212,244 new Shares were issued at 26.4 pence per Share. These new Shares were issued to partially fund seismic surveys completed in Albania and Ireland pursuant to the seismic services agreement entered into by San Leon with PGS Ventures announced on 18 September 2009; and

-- 2,071,818 new Shares pursuant to the exercise of options and warrants.

The new Shares will rank pari passu in all respects with the Company's existing shares, and dealings are expected to commence on 25 July 2011 ("Admission").

Following Admission, the Company's enlarged issued share capital will comprise 822,076,865 ordinary shares, with voting rights. The Company does not hold any ordinary shares in treasury. Therefore the total number of ordinary shares in the Company with voting rights will be 822,076,865. 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 in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information contact:

 
 San Leon Energy plc                           +353 1291 6292 
 Oisin Fanning, Executive Chairman 
  John Buggenhagen, Director of Exploration 
 
 Arbuthnot Securities Limited 
  Nominated Adviser                            +44 (0) 20 7012 2000 
 Nick Tulloch 
  Henry Willcocks 
 
 Macquarie Capital (Europe) Limited            +44 (0) 3037 2000 
 John Dwyer 
  Paul Connolly 
  Ben Colegrave 
 
 Fox-Davies Capital Limited                    +44 (0) 203 463 5010 
 David Porter 
 
 College Hill 
  Investment Relations Adviser                 +44 (0) 20 7457 2020 
 Nick Elwes 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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