Landore Resources Limited Exercise of Options and Total Voting Rights (2532O)
November 04 2016 - 8:00AM
UK Regulatory
TIDMLND
RNS Number : 2532O
Landore Resources Limited
04 November 2016
4 November 2016
LANDORE RESOURCES LIMITED
("Landore Resources" or the "Company")
Exercise of Options and Total Voting Rights
Landore Resources (AIM: LND) announces that today, Bill
Humphries, Chief Executive Officer of the Company, exercised
options over 7,000,000 ordinary shares of no par value in the
Company ("Ordinary Shares") at an exercise of price of 1.8 pence
per Ordinary Share.
Application is being made for these 7,000,000 Ordinary Shares to
be admitted to trading on AIM and it is anticipated that trading in
such shares will commence on or around 10 November 2016. Following
Admission, Mr Humphries will hold 64,314,119 Ordinary Shares,
representing approximately 9.1 per cent. of the Company's issued
share capital.
Following Admission, the Company will have 707,488,001 Ordinary
Shares in issue. Landore Resources does not hold any Ordinary
Shares in treasury. The aforementioned figure of 707,488,001
Ordinary Shares may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, Landore Resources under the Financial Service
Authority's Disclosure and Transparency Rules.
-ENDS-
For more information, please contact:
Bill Humphries/Richard Prickett
Landore Resources Limited
M: +44(0)7734 681262
M: +44(0)7775 651421
James Spinney/Jack Botros
Strand Hanson Limited
Nominated Adviser and Broker
Tel: +44(0)20 7409 3494
This information is provided by RNS
The company news service from the London Stock Exchange
END
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