Diamondcorp Plc Director's Shareholding, Issue of Equity & Options (2078V)
January 10 2013 - 2:00AM
UK Regulatory
TIDMDCP
RNS Number : 2078V
Diamondcorp Plc
10 January 2013
10 January 2013
NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, JAPAN OR THE
UNITED STATES OR ANY OTHER JURISDICTION IF TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE LAWS OF SUCH JURISDICTION
DiamondCorp plc
JSE share code: DMC & AIM share code: DCP
ISIN: GB00B183ZC46
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)
("DiamondCorp", or "the Company")
Directors' Dealings, Issue of Equity and Granting of Options
Issue of Equity
DiamondCorp, the Southern African diamond development and
exploration company, announces that on 9 January 2013 it issued a
total of 4,500,000 new ordinary shares of 3 pence each in the
Company to a director and certain employees of the Company. The new
ordinary shares have been issued in lieu of bonus payments awarded
by the Company on the successful completion of the arrangement of
the project financing to fund the development of the Lace Mine. The
new ordinary shares were issued at a price of 5.0 pence per share,
being the volume weighted average price of the ordinary shares for
the 10 trading days immediately prior to the issue of the new
ordinary shares.
Application has been made to the London Stock Exchange and the
JSE for the new ordinary shares to be admitted to trading on AIM
and AltX ("Admission"). It is expected that Admission will become
effective and that trading in the new ordinary shares will commence
on AIM and AltX on or around 16 January 2013. The new ordinary
shares will rank pari passu with the Company's existing issued
ordinary shares.
Following the issue of the new ordinary shares there is a total
of 275,339,478 ordinary shares of 3 pence each in the capital of
the Company.
Director's Shareholding
Pursuant to the issue of equity as described above, Paul Loudon,
Chief Executive Officer has been awarded 2,000,000 new ordinary
shares and is now interested in a total of 5,138,052 ordinary
shares in the Company, which represents approximately 1.87% of the
issued share capital of the Company.
Granting of Options
Furthermore, on 9 January 2013 the Company granted options over
2,000,000 ordinary shares of 3 pence each in the Company (the
"Options") to Euan Worthington, Executive Chairman. The Options are
exercisable at a price of 5.0 pence per share, will vest
immediately and shall expire on the fifth anniversary of the date
the options were granted.
Contact details:
DiamondCorp plc
Euan Worthington, Chairman
Tel: +44 1962 760 266
Paul Loudon, Chief Executive
Tel: +44 20 3151 0970
SP Angel Corporate Finance LLP
AIM Nomad and Broker
Ewan Leggat/Laura Littley
Tel: +44 20 3463 2260
Ocean Equities Limited
Guy Wilkes
Tel: +44 207 786 4370
PSG Capital (Pty) Limited
John-Paul Dicks
Tel: +27 21 887 9602
Russell & Associates
Charmane Russell/Marion Brower
Tel: +27 11 880 3924
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSQKLFBXFFZBBL
Diamondcorp (LSE:DCP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Diamondcorp (LSE:DCP)
Historical Stock Chart
From Jul 2023 to Jul 2024