Directors' Shareholdings: RULE 17 Disclosure

Directors' Shareholdings: RULE 17 Disclosure

ID: 7004

(Thomson Reuters ONE) - Immediate Release 16 October 2009GULFSANDS PETROLEUM PLC (the 'Company') Directors' Shareholdings: RULE 17 DisclosureAs has been previously notified, in connection with borrowingarrangements Mr Mahdi Sajjad and Mr Ken Judge have granted securityover all of their and their connected persons' holdings of theCompany's shares.These holdings aggregate 8,205,268 shares in the case of Mr Sajjad(correcting the figure of 8 224 935 previously reported in error) and3 966 750 in the case of Mr Judge, representing 6.83% and 3.30%respectively of the Company's total shares in issue.As a result of a change of security arrangements on the part of bothMr Sajjad and Mr Judge, the hitherto existing security arrangementshave now been terminated and replaced by new security arrangements,in each case encompassing all of Mr Sajjad's and Mr Judge's own andtheir connected parties' sharesFor further information:Gulfsands Petroleum (London) +44 (0)20 7434 6060Richard Malcolm, Chief Executive OfficerKenneth Judge, Director of Corporate Development +44 (0)7733001 002& CommunicationsBuchanan Communications Limited (London) +44 (0)20 74665000Bobby MorseRBC Capital Markets (London) +44(0)20 7653 4667Sarah Wharry---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Datum: 16.10.2009 - 13:39 Uhr
Sprache: Deutsch
News-ID 7004
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