Business
Issue of Equity/Director's De
Issue of Equity/Director's De.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n RNS Number : 6212P Tertiary Minerals PLC 20 July 2010 \n\n \nTERTIARY MINERALS PLC\n \n(\"Tertiary\" or the \"Company\")\n \nIssue of Equity\nDirectors Dealing\n \n \nTertiary Minerals plc (AIM: TYM) announces that on 19 July 2010, the Directors agreed to issue new ordinary shares in the Company to Mr Donald McAlister in lieu of payment of net fees for the six month period ending 30 June 2010.\n \nAccordingly, Mr McAlister, has been issued with 100,448 new ordinary shares. The shares\nwere issued at an issue price of 2.625 pence per share, being the closing mid-market price of the ordinary shares on 16 July 2010.\n \nFollowing this transaction, Mr McAlister is interested in 457,821 ordinary shares being 0.5 per cent of the enlarged issued share capital of the Company.\n \nApplication has been made for the 100,448 new ordinary shares to be admitted to trading on\nAIM and admission is expected to occur on 26 July 2010.\n \nFollowing admission of the new ordinary shares to trading on AIM, the total number of ordinary shares in issue will be 88,516,220.\n \nFor further information, please contact:\n \nTertiary Minerals plc\nPatrick Cheetham, Tel: 01625 626203\nExecutive Chairman\n \nSeymour Pierce Ltd\nJonathan Wright/Stewart Dickson Tel: 0207 107 8000\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END IOEURVARROABUAR \n ","length":2486,"tagName":"div"}]