Gcm Resources PlcLSE: GCM

Share issue - director's shar

RNS Number : 4171M
GCM Resources PLC
24 May 2010
 

Date: 24 May 2010

GCM RESOURCES PLC (AIM: GCM)

SHARE ISSUE - DIRECTOR'S SHARE DEALING

As disclosed on his appointment, a portion of the fees payable for the services of Mr Greg James, a non-executive director of GCM Resources plc (GCM), is to be settled by the issue of shares.  Consequently, GCM has today allotted 6,250 ordinary shares to the company through which Mr Greg James provides services to GCM and in which he is beneficially interested.  Following this allotment he has a beneficial interest in 18,750 ordinary shares in GCM.  Application has been made to The London Stock Exchange for these shares to be admitted to AIM. It is expected that admission will become effective at 8.00 a.m. on 25 May 2010. 

For further information:

GCM Resources plc

Steve Bywater

Chief Executive

 +44 (0) 20 7290 1630

Graham Taggart

Finance Director

+44 (0) 20 7290 1630

Pelham Bell Pottinger

Charles Vivian

44 (0)207 337 1538

Klara Kaczmarek

+44 (0)207 337 1524

J.P. Morgan Cazenove

Nominated Adviser

Michael Wentworth-Stanley

Steve Baldwin

+44 (0) 207 588 2828

GCM Resources plc

Tel: +44 (0) 20 7 290 1630, Fax: +44 (0) 20 7290 1631

info@gcmplc.com; www.gcmplc.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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