Director Shareholding
December 04 2003 - 9:14AM
UK Regulatory
RNS Number:8750S
Cluff Mining PLC
04 December 2003
4 December 2003
Cluff Mining PLC ("the Company")
The Company announces that Francis Johnstone, Commercial Director, has today
subscribed for 23,054 new ordinary shares at an issue price of 101.5p per share
with the after tax proceeds of a cash bonus he received on being appointed to
the Board. These arrangements were made because the Company has no options
available for issue under its share option schemes to grant options to Mr
Johnstone. Mr Johnstone's holding in the Company now totals 23,054 shares
representing 0.1% of the Company's issued share capital.
The Company also announces that it has allotted 36,000 new ordinary shares of
US$0.05 each to an employee following the exercise of options under the
Company's Executive Share Option Scheme. The allotment is subject only to the
admission of the shares to trading on AIM.
All the new shares rank pari passu with the existing shares in issue. The
Company will apply to AIM for the admission of such shares. It is expected that
such admission will take place on Thursday 11 December 2003.
For further information, please contact:
Mr Donald McAlister, Finance Director, Cluff Mining PLC
Tel: 020 7495 2030
Fax: 020 7495 2245
This information is provided by RNS
The company news service from the London Stock Exchange
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