London Mining Plc DIRECTOR DEALING (0608D)
April 24 2013 - 2:00AM
UK Regulatory
TIDMLOND
RNS Number : 0608D
London Mining Plc
24 April 2013
London Mining Plc
Quoted on London AIM (LOND LN)
("London Mining" or the "Company")
24 April 2013
DIRECTOR DEALING
The Company has been informed that on 23 April 2013 Michael
Miles OBE, Chairman of the Board of London Mining, acquired 38,173
ordinary shares in the Company at a price of 104 pence per ordinary
share.
Following this transaction, Michael Miles holds 38,173 ordinary
shares in the Company representing 0.02% of the Company's issued
share capital.
For more information, please contact:
London Mining Plc
Graeme Hossie, Chief Executive Officer
Rachel Rhodes, Chief Financial Officer
Thomas Credland, Head of Investor Relations +44 (0)20 7408 7500
Liberum Capital (Nominated Advisor/Broker)
Christopher Kololian/Tom Fyson +44 (0)20 3100 2000
J.P. Morgan Cazenove (Broker)
Ignacio Borrell/Ben Davies +44 (0)20 7742 4000
Brunswick Group LLP
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
bankable feasibility study was completed in 2012 on an expansion
plan to 9Mtpa and a prefeasibility study was completed in 2011
which shows that Marampa has resources to support a staged
expansion to over 16Mtpa. London Mining has also completed bankable
feasibility studies outlining plans for a further 20Mtpa of iron
ore production by developing mines in Greenland and Saudi Arabia.
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.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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