AURUM MINING PLC ("Aurum" or the "Company")
26 November 2010
DIRECTORS' DEALINGS
Aurum announces that, on 25 November 2010, certain Directors of the Company exercised options over 2,500,000 ordinary shares of 1p each in the Company ("Shares"), as set out below:
|
Director |
Options exercised |
Exercise |
Resultant |
% |
|
Mark Jones |
2,000,000 |
8p |
2,413,612 |
4.7 |
|
Chris Eadie |
500,000 |
14p |
500,000 |
1.0 |
The percentage holdings shown above are calculated by reference to 51,483,275 Shares in issue, being the enlarged number of Shares in issue following this exercise of these options, together with the recent exercise of warrants by certain warrantholders.
Application has been made to the London Stock Exchange for the admission to trading of the new Shares, which is expected to occur on 1 December 2010 ("Admission").
The new Shares rank pari passu with all the other 1p ordinary shares in issue, including ranking for the forthcoming capital distribution of the Company.
Following Admission the Company will have 51,483,275 Shares in issue, each with voting rights, which figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
For further information:
Aurum Mining plc 020 7499 4000
Mark Jones, Chief Executive
Chris Eadie, Chief Financial Officer
Arbuthnot Securities 020 7012 2000
Richard Johnson
This information is provided by RNS