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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Oriel Res. | LSE:ORI | London | Ordinary Share | GB0034246743 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 121.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:8928O
Oriel Resources PLC
27 February 2008
AIM: ORI
TSX: ORL
PRESS RELEASE
27 February, 2008
Oriel Resources Plc ("Oriel" or the "Company")
Exercise of Options
________________________________________________________________________________
Oriel Resources plc (AIM:ORI, TSX:ORL) announces that options over ordinary
shares of 1p each in the share capital of the Company under the Company's share
option scheme were exercised on 27 February 2008.
Details of the options exercised are as follows:
Number of options Exercise Price
33,333 30.5p
16,667 52p
Accordingly, application will be made for 50,000 ordinary shares of 1p each in
the Company, which will rank pari passu with existing ordinary shares, to be
admitted to trading on AIM. The admission is expected to occur on or about 4
March 2008. Following the exercise of these options the total issued capital of
the Company will be 636,761,820 ordinary shares.
ENDS
--------------------------------------------------------------------------------
For further information please contact:
David Swan, Company Secretary, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590
Gavin Dallas, Marketing and PR, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590
Michael Padley / Michael Spriggs, Bankside Consultants
Tel: +44 (0) 20 7367 8888
Robin Birchall / Ryan Gaffney, Canaccord Adams Limited
Tel: +44 (0) 20 7050 6500
Keith Schaefer, Vanguard Shareholder Solutions
Tel: + 1 604 608 0824
www.orielresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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