Business
Issue of Equity - amendment
Issue of Equity - amendment.
About this update from Sunrise Resources Plc
[{"type":"text","content":"\n Sunrise Diamonds PLC\n15 January 2008\n\n\n15 January 2008\n\n\n\nSUNRISE DIAMONDS PLC\n\n\n\nNON-EXECUTIVE DIRECTORS' SHARE ISSUE\n\nThis announcement replaces RNS announcement 8421L released today at 16:40.\n\n\n\nSunrise Diamonds plc ('the Company') has today issued 189,235 new ordinary \nshares at 1.75p per share to Francis Johnstone and 165,759 new ordinary shares \nat 1.75p per share to Neil Herbert (Messrs Johnstone and Herbert being the \ntwo non-executive directors of the Company) following the Company's agreement\nwith the two non-executive directors that their fee entitlements (net of PAYE\nIncome Tax and National Insurance) be settled bi-annually by an issue of new \nordinary shares.\n\nThis share issue represents payment of net fees for the period 1 May 2007 to \n31 December 2007. The issue price is the closing mid-market price on the day\nprior to the date of allotment following the end of the relevant close period.\n\nApplication has been made for 354,994 new ordinary shares to be admitted to\ntrading on AIM and it is expected that such admission will become effective at\n8am on 21 January 2008.\n\nFor further information contact:\n\nPatrick Cheetham, Sunrise Diamonds plc. Tel: +44 (0)1625 505947\nBrett Miller, Ruegg & Co Limited. Tel: +44 (0)20 7584 3663\n\n\n - END -\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1552,"tagName":"div"}]