Business
Director’s Subscription
Director’s Subscription.
About this update from Kefi Gold And Copper Plc
[{"type":"text","content":"\n \n 12 July 2013\n\n KEFI Minerals Plc. \n\n (\"KEFI Minerals\" or the \"Company\") \n\n Director's Subscription \n\nKEFI Minerals Plc, an AIM-quoted gold and copper exploration company with\nprojects in the Kingdom of Saudi Arabia, is pleased to announce that following\nthe requisite approvals, Jeff Rayner, the Company's Managing Director has\nsubscribed for 1,000,000 ordinary shares (the \"Subscription Shares\") at a price\nof 2.1p per ordinary share raising £21,000. This subscription is on the same\nterms as the placing announced by the Company on 5 July 2013.\n\nFollowing the subscription, Jeff Rayner will be interested in 2,533,333\nordinary shares representing 0.5 per cent of the issued share capital following\nadmission of the Subscription Shares to trading on AIM (\"Admission\").\n\nAdmission and DTR\n\nApplication has been made to London Stock Exchange plc for Admission and it is\nexpected that Admission will become effective and that dealings will commence\nin the Subscription Shares on 18 July 2013.\n\nFollowing Admission, KEFI Minerals will have 498,536,832 ordinary shares in\nissue and this is the figure which should be used as the denominator for the\ncalculations by which shareholders will determine if they are required to\nnotify their interest in, or a change to their interest in the Company under\nthe Disclosure and Transparency Rules.\n\n --ENDS-- \n\nFor further information please contact:\n\nKEFI Minerals plc. +90 533 928 19 13 \nJeffrey Rayner \n \nFox-Davies Capital +44 20 3463 5028 \nSusan Walker \n \nBishopsgate Communications +44 207 562 3366 \nNick Rome\n ","length":2270,"tagName":"div"}]