Business
Director/PDMR Shareholding
Director/PDMR Shareholding.
About this update from Clontarf Energy Plc
[{"type":"text","content":"\n RNS Number : 6759A Persian Gold PLC 04 February 2011 \n\n4 February 2011\n \nPersian Gold plc (\"Persian Gold\" or the \"Company\")\n \nIssue of warrants\n \nOn 2 December 2008, certain Directors and senior management of the Company were issued 2,659,363 warrants which were issued to investors participating in a placing of new Ordinary Shares by the Company (on the basis of one warrant for every two new Ordinary Shares subscribed for (\"Warrants\"). The Warrants carried an exercise price of 4p per Ordinary Share with an exercise period of two years from the date of issue of the Warrants. The 2,659,363 Warrants held by the Directors and senior management lapsed on 2 December 2010. \n \nThe Company announces that it has now issued 2,659,363 new warrants each to subscribe for one new Ordinary Share at a price of 4p per share to certain Directors and senior management (\"New Warrants\"). The exercise period for these New Warrants is one month from the date of issue. It is expected that the New Warrants will be exercised prior to completion of the acquisition of Hydrocarbon Exploration plc (as announced earlier today). The New Warrants issued to Directors have been issued as follows:\n \n\n\n\n\nDirector\n\n\nNew Warrants\n\n\n\n\nDavid Horgan\n\n\n625,000\n\n\n\n\nJames Finn\n\n\n625,000\n\n\n\n\nJohn Teeling\n\n\n937,500\n\n\n\n\nDr. Manouchehr Takin\n\n\n150,000\n\n\n\n\nJack Teeling\n\n\n312,500\n\n\n\n\n \nEnquiries:\n\n\n\n\nPersian Gold plc\nJohn Teeling, Chairman\nJames Finn, Finance Director\n \n\n\n \n+353 (0) 1 833 2833\n+353 (0) 1 833 2833\n \n\n\n\n\nNominated Adviser and Joint Broker\nShore Capital \nPascal Keane\nToby Gibbs\n \n\n\n+44 (0)20 7408 4090\n\n\n\n\nJoint Broker\nOptiva Securities Limited\nJeremy King\n \n\n\n+44(0)20 3137 1904\n\n\n\n\nCollege Hill\nNick Elwes\n\n\n+44 (0)20 7457 2020\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RDSDKNDQCBKDCBK \n ","length":5191,"tagName":"div"}]