Diamondcorp Plc Director/PDMR Shareholding - Replacement (5895S)
September 25 2014 - 3:59AM
UK Regulatory
TIDMDCP
RNS Number : 5895S
Diamondcorp Plc
25 September 2014
25 September 2014
DiamondCorp plc
AIM share code: DCP & JSE share code: DMC
ISIN: GB00B183ZC46
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)
("DiamondCorp", "the Group" or "the Company")
Grant of Share Options and Directors' Dealings
DiamondCorp, the Southern African diamond development and
exploration company, announces the grant of share options to
directors and certain employees of the Group.
Options over a total of 4,500,000 new shares ("New Share
Options"), representing 1.4 per cent of the Company's issued share
capital, were granted on 23 September 2014 at an exercise price of
8.5 pence per ordinary share, exercisable for a period of 10 years
from the date of grant, subject to the terms of the Company's
Unapproved Share Option Scheme. The exercise price represents a
premium of 21.4% to the closing mid-market share price of 7.0 pence
on 23 September 2014.
The allocation of the New Share Options to Directors is detailed
in the following table:
Directors Position Share Exercise Total number
Options price of Share
granted in pence Options
held
Paul Loudon CEO 800,000 8.5 3,335,000
Euan Worthington Chairman 400,000 8.5 2,770,000
Jonathan Willis- Non-executive
Richards Director 300,000 8.5 580,000
Non-executive
Nicholas Allen Director 300,000 8.5 580,000
Non-executive
Michael Toxvaerd Director 300,000 8.5 300,000
Non-executive
Hulme Scholes Director 300,000 8.5 300,000
TOTAL 2,400,000 7,865,000
The balance of 2,100,000 New Share Options were awarded to a
total of nine key employees.
Following these grants, the total number of shares under option
is 12,845,000 representing 9.21% of the Company's share capital of
318,365,478 ordinary shares.
Contact details:
DiamondCorp plc
Paul Loudon, Chief Executive
Tel: +27 56 216 1300
Euan Worthington, Chairman
Tel: +44 7753 862 097
UK Broker & Nomad
Panmure Gordon (UK) Limited
Dominic Morley/Adam James
Tel: +44 20 7886 2500
JSE Designated Advisor
Sasfin Capital (a division of Sasfin Bank Limited)
Megan Young
Tel: +27 11 445 8068
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSDELBLZKFEBBZ
Diamondcorp (LSE:DCP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Diamondcorp (LSE:DCP)
Historical Stock Chart
From Jul 2023 to Jul 2024