London Mining Plc DIRECTOR PURCHASE OF COMMON SHARES (9393L)
September 10 2012 - 1:05PM
UK Regulatory
TIDMLOND
RNS Number : 9393L
London Mining Plc
10 September 2012
London Mining Plc
Quoted on London AIM (LOND LN)
("London Mining" or the "Company")
10 September 2012
DIRECTOR PURCHASE OF COMMON SHARES
London Mining announces that Sir Nicholas Bonsor (Non Executive
Deputy Chairman of the Company) notified the Company on 10
September 2012, that he had purchased 5,000 ordinary shares in the
Company on the AIM market of the London Stock Exchange at 154 pence
per share. Following this transaction, Sir Nicholas Bonsor holds
52,000 ordinary shares in the Company. Sir Nicholas Bonsor also
holds options over 125,000 ordinary shares in the Company pursuant
to the No 2 Share Option Plan.
For more information please visit www.londonmining.co.uk or
contact:
London Mining Plc
Graeme Hossie, Chief Executive Officer
Rachel Rhodes, Chief Financial Officer +44 (0)20 7408 7500
Liberum Capital (Nominated Advisor/Broker)
Clayton Bush/Christopher Kololian +44 (0)20 3100 2000
J.P. Morgan Cazenove (Broker)
Neil Passmore / Ignacio Borrell +44 (0)20 7742 4000
Brunswick Group
Carole Cable / Rosheeka Field +44 (0)20 7404 5959
About London Mining
London Mining is an expanding producer of high specification
iron ore for the global steel industry and is focused on
identifying, developing and operating sustainable mines. London
Mining commenced sales from the Marampa mine in Sierra Leone in
2012 and expects to reach production capacity of 5Mtpa in 2013. A
prefeasibility study was completed in 2011 which shows that Marampa
has resources to support a staged expansion of over 16Mtpa. London
Mining has also completed bankable feasibility studies outlining
plans for a further 20Mtpa of iron ore production by developing two
other mines in Greenland and Saudi Arabia. London Mining is also
producing from a coke operation with coking coal resource potential
in Colombia. The Company listed on AIM in London on 6 November
2009. It trades under the symbols LOND.L (Reuters) and LOND LN
(Bloomberg). More information about London Mining can be found at
www.londonmining.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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