Director/PDMR Shareholding (7498O)
September 22 2011 - 7:13AM
UK Regulatory
TIDMFDI
RNS Number : 7498O
Firestone Diamonds PLC
22 September 2011
Firestone Diamonds plc
Dealings by Directors/PDMR
LONDON: 22(nd) September 2011
Firestone Diamonds plc, ("Firestone" or "the Company"), the
AIM-quoted diamond mining and exploration company (ticker:
AIM:FDI), has today received notification that on 21(st) September
2011 the following Directors of Firestone Diamonds acquired shares
in the Company.
Philip Kenny, Chairman of the Company, acquired 175,000 ordinary
shares in the Company at a price of 17.25p. Following the
transaction Mr Kenny is interested in a total of 713,806 ordinary
shares in the Company representing 0.19 per cent. of the Company's
issued share capital.
Tim Wilkes, Chief Executive Officer of the Company, acquired
150,000 ordinary shares in the Company at a price of 17.13p.
Following the transaction Mr Wilkes is interested in a total of
150,000 ordinary shares in the Company, representing 0.04 per cent.
of the Company's issued share capital.
For further information, visit the Company's web site at
www.firestonediamonds.com or contact:
+44 20 8834 1028/+44 7831
Philip Kenny, Chairman, Firestone 324 645
Diamonds +27 78 457 6623/+267 713
Tim Wilkes, CEO, Firestone Diamonds 77686
Rory Scott, Mirabaud Securities
(Nominated Broker) +44 20 7878 3360
Alexander Dewar, Brewin Dolphin
(Nominated Adviser) +44 131 529 0276
Jos Simson / Emily Fenton, Tavistock +44 20 7920 3150/+44 7899
Communications 870 450
Background information on Firestone Diamonds:
Firestone Diamonds plc is an international diamond mining and
exploration company with operations focused on Lesotho and
Botswana. Firestone operates the Liqhobong Mine in Lesotho and the
BK11 Mine in Botswana. Firestone is also the largest holder of
mineral rights in Botswana's diamondiferous kimberlite fields,
controlling approximately 10,000 square kilometres around the major
Orapa and Jwaneng mines and the entire Tsabong kimberlite field. In
addition to Liqhobong and BK11, Firestone has 108 kimberlites in
its portfolio, of which 30 have been proven to be
diamondiferous.
Lesotho is emerging as one of Africa's significant new diamond
producers, and hosts Gem Diamonds' Letseng Mine, Firestone's
Liqhobong Mine as well as the Kao and Mothae development projects.
Botswana is the world's largest and lowest cost producer of
diamonds, with annual production worth over $2.5 billion, and is
considered to be one of the most prospective countries in the world
to explore for diamonds.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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