Exercise of Options
07/12/2007 9:40am
UK Regulatory
RNS Number:4266J
Gippsland Limited
07 December 2007
7 December 2007
Gippsland Limited (the "Company")
EXERCISE OF OPTIONS
Gippsland announces the issue on 7 December 2007 of 1,328,578 ordinary shares of
no par value upon the exercise of 1,328,578 A$0.09 options.
The shares issued rank pari passu with existing ordinary shares on issue.
Application has been made for the new shares to be admitted to trading on AIM
and this is expected to take place on 13 December 2007.
Immediately after the issue of the above shares, the number of shares and
options on issue will be as follows:
Shares on issue 261,471,929 Ordinary Shares
Options 41,785,056 A$0.09 options expiry 31.12.2007
10,000,000 #0.04 options expiry 31.12.2007
4,500,000 A$0.15 options expiry 31.12.2007
25,000,000 A$0.135 options expiry 26.05.2012
For further information please contact:
Jack Telford Gippsland Limited T: +61 (0)8 9340 6000
Fiona Owen Grant Thornton Corporate Finance T: +44 (0)20 7383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
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