Business
Issue of Equity, Directors' Dealings
Issue of Equity, Directors' Dealings.
About this update from Ariana Resources Plc
[{"type":"text","content":"\n \n\n\n\n7 August 2009\nAIM / PLUS Markets: AAU\n\n ISSUE OF SHARES\n DIRECTORS' DEALINGS\n\n\nPursuant to the authorities granted at the Annual General Meeting of\nthe Company held on 29 June 2009, the Board of Ariana Resources plc\n(\"Ariana\" or \"the Company\"), the gold exploration and development\ncompany focused on Turkey, today announces the issue of 855,216 new\nOrdinary Shares of 1 pence each at a price of 2 pence per share and 3\npence per share for salaries due to Directors and staff during the\nfirst and second quarters of 2009 (\"the Share Issue\"). As set out in\nthe Annual Report & Accounts 2008, this came about as a result of\ncertain Directors deferring a portion of their salaries during the\nfirst quarter and the shares have been issued at the average price\nduring the quarter to satisfy the amount deferred.\n\nFollowing the Share Issue, the Directors' shareholdings will be as\nfollows:\n\n\n+-------------------------------------------------------------------+\n| | Shares issued under | Shareholding | Percentage |\n| | the Share Issue | following the | holding |\n| | | Share Issue | of issued |\n| | | | shares |\n| | | | following the |\n| | | | Share Issue |\n|-------------+---------------------+---------------+---------------|\n| Kerim Sener | 263,143, of which | 4,013,143 | 2.80% |\n| * | 161,290 were issued | | |\n| | @ 2p, and 101,853 @ | | |\n| | 3p | | |\n|-------------+---------------------+---------------+---------------|\n| Michael | 131,572, of which | 519,072 | 0.36% |\n| Spriggs | 80,645 were issued | | |\n| | @ 2p, and 50,927 @ | | |\n| | 3p | | |\n|-------------+---------------------+---------------+---------------|\n| Michael de | 263,143, of which | 2,085,143 | 1.45% |\n| Villiers | 161,290 were issued | | |\n| | @2p and 101,853 @3p | | |\n+-------------------------------------------------------------------+\n\n\n* Kerim Sener's shareholding currently includes shares held by\nrelated parties.\n\n\n\nApplication will be made to the London Stock Exchange for the new\nOrdinary Shares to be admitted to trading on AIM. It is anticipated\nthat Admission will become effective and dealings will commence on or\naround 14 August 2009. The new Ordinary Shares will rank pari passu,\nin all respects, with the existing Ordinary Shares that are currently\nin issue and are traded on AIM. Following admis...