Northern Petroleum Plc
LSE : NOP

November 10, 2009 02:00 ET

Additional Listing & Directors Shareholdings

Embargoed for release: 0700 on 10 November 2009

                                               Northern Petroleum Plc
                                             ("Northern" or the Company")
                                                          
                                    Additional Listing & Directors' Shareholdings

Northern announces that pursuant to the authority granted on 22 July 2009 it issued yesterday 36,922 ordinary shares
of  5  pence to two directors and twenty staff who have taken part of their salary entitlement in stock. The  shares
have  been issued at a price of 158 pence per share being the mid market price at market opening on 9 November 2009.
Each new ordinary share will rank pari passu with existing ordinary shares. Application has been made for the shares
to be admitted to trading on AIM and dealings are expected to commence on 17 November 2009. Following admission, the
total number of ordinary shares in issue will be 78,922,248.

As  a result of the above issue, Chris Foss, Finance Director, has increased his holding by 3,797 to 67,076 ordinary
shares of 5 pence each, representing 0.08 per cent of the enlarged issued share capital of the Company. In addition,
Graham Heard, Exploration & Technical Director, has increased his holding by 3,797 to 388,408 ordinary shares  of  5
pence each, representing 0.49 per cent of the enlarged issued share capital of the Company.


                                                     ---ENDS---
                                                          
For further information please contact:

Northern Petroleum Plc                                            Tel: +44 (0) 20 7469 2900
Derek Musgrove, Managing Director
Chris Foss, Finance Director
Graham Heard, Exploration & Technical Director
Sophie Hull, Head of Corporate Communications

Jefferies International                                           Tel: +44 (0) 20 7029 8000
Schuyler Evans / Chris Snoxall

Astaire Securities                                                Tel: +44 (0) 20 7448 4400
Jerry Keen / Toby Gibbs 
 
Bishopsgate Communications (Press)                                Tel: +44 (0) 20 7562 3350
Nick Rome / Michael Kinirons

Buchanan Communications (Analysts)                                Tel: +44 (0) 20 7466 5000
Tim Thompson / Ben Romney


Notes to Editors:

Further information on Northern is available at www.northpet.com.

Contact Information

  • Northern Petroleum Plc