Business
Issue of Equity & Director's Dealing (transfer of
Issue of Equity & Director's Dealing (transfer of.
About this update from Alba Mineral Resources Plc
[{"type":"text","content":"\n \nRNS Number : 7187Q Alba Mineral Resources PLC 03 September 2014 \n \n\n3 September 2014\nAlba Mineral Resources plc\n (\"Alba\" or \"the Company\")\n \nIssue of Equity and Director's Dealing (transfer of shares)\n \n \nIssue of Equity\n \nFurther to the announcements released on 4 March 2014 and 29 May 2014, the Board of Alba (AIM: ALBA), has agreed to satisfy in part the placing fee due in respect of the placings by the issue of 1,922,650 new ordinary shares at a price of 0.3 pence per share.\n \nThe balance of the fee due of £8,267.95 has been satisfied in cash.\n \nAccordingly, application has been made for 1,922,650 new ordinary shares to be admitted to AIM, which is expected to become effective on 9 September 2014. The 1,922,650 new ordinary shares will rank pari passu with the existing ordinary shares.\n \nDirector's dealing (transfer of shares)\n \nMr Michael Charles Nott a director of ALBA has advised the Company that he has transferred 2,419,354 shares in the Company into the ownership of his wife Mrs Anna Nott.\n \nMr Nott has also transferred 2,419,354 shares in the Company into an ISA in his own name.\n \nThe total shares owned and deemed to be under the control of Mr Nott remains unchanged.\n \nTotal Voting Rights\nFollowing admission of the 1,922,650 new ordinary shares, the total number of issued ordinary shares will be 394,547,002. The Company does not hold any ordinary shares in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules.\n \nEnquiries:\n \n\n\n\n\nAlba Mineral Resources plc\nMichael Nott, CEO\n \n\n\n \n+44 20 7907 9328\n\n\n\n\nCairn Financial Advisers LLP\nAvi Robinson / James Caithie\n\n\n \n+44 20 7148 7900\n \n\n\n\n\nDowgate Capital Stockbrokers Limited\nJason Robertson / Neil Badger\n\n\n \n+44 1293 517744\n \n\n\n\n\n \nNotes to Editors:\n \nAlba holds interests in Mauritania (uranium: JV with FOSSE Investments Limited) and Ireland (base metals) and the right to acquire a 5 per cent. interest in Horse ...