Northern Petroleum Plc

November 18, 2009 05:55 ET

Additional Listing and Directors Shareholding

                                                                                                    18 November 2009

                                               Northern Petroleum Plc
                                             ("Northern" or the Company")
                                    Additional Listing & Director's Shareholding

The  Company  announces that, following the exercise of warrants at 11.25 pence per share to subscribe for  ordinary
shares  on  17 November by Graham Heard, Exploration and Technical Director, it has made an application pursuant  to
the authority granted on 22 July 2009 for the admission of 40,000 ordinary shares of 5 pence each to trading on AIM.
Each  new  ordinary  share will rank pari passu with existing ordinary shares. Following the  admission,  the  total
number of ordinary shares in issue will be 78,987,248.

It is expected that dealings in the said shares will commence on 25 November 2009.

Mr Heard has today transferred these 40,000 ordinary shares to his SIPP at a price of 148p per share. Following this
warrant  exercise and transfer, Mr Heard's total beneficial shareholding has increased by 40,000 to 428,408 ordinary
shares,  which  represents  0.54 per cent of the issued share capital of the Company. Today's  transactions  do  not
however result in any change in Mr Heard's beneficial interest in the diluted share capital of Company.

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

Contact Information

  • Northern Petroleum Plc