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Issue of Equity - on exercise of share option

Issue of Equity - on exercise of share option.

articleAnglesey Mining PlcMarch 23, 20103/company/anglesey-mining/news/issue-of-equity-on-exercise-of-share-option
Issue of Equity  - on exercise of share option

About this update from Anglesey Mining Plc

[{"type":"text","content":"\n Anglesey Mining plc LSE:AYM\n\nIssue of Equity\n\n23 March 2010\n\nThe company today announces that Ian Cuthbertson, finance director of the\ncompany, has exercised an option over 300,000 ordinary shares of 1p each which\nwas granted on 3 May 2002 at 2 pence per share. This is the only option which\nremained outstanding under the company's 1992 Executive Approved Share Option\nScheme which is now closed.\n\nThe new ordinary shares to be issued in respect of this exercise will rank pari\npassu with the existing ordinary shares of the company. Application will be made\nfor the shares to be admitted to the Official List and trading is expected to\ncommence on 29 March 2010. Following the allotment of the new ordinary shares\nthe issued ordinary share capital of the company will be 152,858,051 shares with\nvoting rights; there are no shares in treasury.\n\nThe above figure may be used by shareholders as the denominator for the\ncalculations which will determine whether they are required to notify their\ninterest in the company, or any change to that interest, under the FSA's\nDisclosure and Transparency Rules.\n\nFor further details:\nIan Cuthbertson, Finance Director + (44) 1248 361333 \n ","length":1285,"tagName":"div"}]

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