RNS Number : 3502V
Egdon Resources PLC
27 May 2008
For Immediate Release 27 May 2008
Egdon Resources plc
(The "Company")
Directors' Share Acquisitions
The Company announces that the Directors below chose to accept the issue to them, or their
nominees, of fully paid ordinary shares in
the Company in lieu of cash bonuses that otherwise fell due for payment on 24 May 2008. The
number of shares so issued and the resultant new
beneficial holdings held by the Directors are as follows:
Director Shares Issued New Total Beneficial Percentage of Issued Share Capital
Holding
Mark Abbott 520,000 7,204,806 10.50%
Andrew Hindle 65,000 6,659,232 9.71%
Kenneth Ratcliff 97,500 53,000 0.08%
John Rix 65,000 1,291,333 1.88%
Walter Roberts 65,000 1,091,750 1.59%
The issue price of these shares was 18p (being the middle-market closing price on 23 May
2008, the last trading day before the bonuses
were otherwise payable). Application has been made for the new shares to be admitted to
trading on AIM with dealings expected to commence on
2 June 2008.
Immediately following the issue of these shares, the total issued ordinary share capital
of the Company will be 68,614,340 Ordinary 10p
shares.
Enquiries:
Mark Abbott Tel: +44 (0) 1256 702 292
Egdon Resources plc
Jonathan Wright / Sarah Jacobs Tel: +44 (0) 20 7107 8008
Seymour Pierce Limited
This information is provided by RNS
The company news service from the London Stock Exchange
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSPUURUAUPRGQM
|