In order to comply with the EU Transparency Directive following its implementation through the provisions of the Financial Services Authority’s Disclosure and Transparency Rules, we would like to notify the market of the following:
The total number of ordinary shares of 10p of Forum in issue as at the date of this notice is 28,555,209. There are no shares held in treasury and so the total number of voting rights in the Company is therefore 28,555,209.
The Company also announced today that it had issued and allotted 81,500 ordinary shares which are expected to be admitted to AIM on 29 December 2006. Following the admission of these ordinary shares, the total number of ordinary shares of 10p of Forum in issue as at 29 December 2006 will be 28,636,709. It is not anticipated that there will be any shares held in treasury and so the total number of voting rights in the Company will therefore be 28,636,709.
The above figures may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest, or change to their interest, in Forum, under the Disclosure and Transparency Rules.
For further information please contact:
Russell Harvey, Forum Energy Plc:
+44 (0) 19 3244 5344
Mark Froggatt, Noble & Company Ltd:
+44 (0) 20 7763 2200