TIDMIAE
Officers' Dealing
FOR: ITHACA ENERGY INC.
TSX, AIM SYMBOL: IAE
June 13, 2012
Ithaca Energy Inc.: Officers' Dealing
LONDON, UNITED KINGDOM and CALGARY, ALBERTA--(Marketwire - June 13, 2012) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Ithaca Energy Inc. (the "Company") (TSX:IAE)(AIM:IAE) was notified on June 12, 2012 that on that date two
officers of the Company increased their beneficial shareholdings in the Company by a total of 100,000 Common
Shares as follows:
Mike Travis (Chief Production Officer) acquired 50,000 Common Shares at a price of GBP 1.10 per share taking
his total beneficial shareholding to 50,000 Common Shares representing 0.02% of the voting rights.
John Woods (Chief Developments Officer) acquired 50,000 Common Shares at a price of GBP 1.10 per share taking
his total beneficial shareholding to 102,958 shares representing 0.04% of the voting rights.
Additional listing
In addition, following recent exercises of options by employees under the Company's stock option plan, the
Company has applied for a total of 181,667 common shares ("New Common Shares") to be admitted to trading on
AIM. Each New Common Share will rank pari passu with the existing common shares.
Following this application, the Company will have 259,346,128 Common Shares outstanding with one voting right
per Common Share. There are no Common Shares held by Ithaca in treasury. The total number of voting shares in
the Company is therefore 259,346,128. 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 UK Financial Services Authority's Disclosure
and Transparency Rules.
It is expected that dealings in the New Common Shares will commence on June 18, 2012.
About Ithaca Energy
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited ("Ithaca" or "the Company"), is
an oil and gas exploration, development and production company active in the United Kingdom's Continental Shelf
("UKCS"). The goal of Ithaca, in the near term, is to maximize production and achieve early production from the
development of existing discoveries on properties held by Ithaca, to originate and participate in exploration
and appraisal on properties held by Ithaca when capital permits, and to consider other opportunities for growth
as they are identified from time to time by Ithaca.
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States
FOR FURTHER INFORMATION PLEASE CONTACT:
Ithaca Energy:
Iain McKendrick
CEO
+44 (0) 1224 650 261
imckendrick@ithacaenergy.com
OR
Ithaca Energy:
Graham Forbes
+44 (0) 1224 652 151
gforbes@ithacaenergy.com
OR
Pelham Bell Pottinger Public Relations:
Philip Dennis
+44 (0) 207 861 3919
pdennis@pelhambellpottinger.co.uk
OR
Pelham Bell Pottinger Public Relations:
Rollo Crichton-Stuart
+44 (0) 207 861 3918
rcrichton-stuart@pelhambellpottinger.co.uk
OR
Cenkos Securities plc:
Jon Fitzpatrick
+44 (0) 207 397 8900
jfitzpatrick@cenkos.com
OR
Cenkos Securities plc:
Beth McKiernan
+44 (0) 131 220 6939
bmckiernan@cenkos.com
OR
RBC Capital Markets:
Tim Chapman
+44 (0) 207 653 4641
tim.chapman@rbccm.com
OR
RBC Capital Markets:
Matthew Coakes
+44 (0) 207 653 4871
matthew.coakes@rbccm.com
Ithaca Energy Inc.
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