TIDMNEOS

RNS Number : 7841Z

Neos Resources PLC

12 March 2013

NEOS Resources plc ("NEOS" or the "Company")

Holdings in Company and Update on General Meeting

NEOS has been notified that Mr. John Teeling is now the beneficial owner of 53,450,471 ordinary shares of 1p each ("Ordinary Shares") in Neos representing 29.9% of the issued share capital. This is as a result of the disposal by Mr. Teeling of his entire holding of Ordinary Shares, followed by the acquisition of 53,450,471 Ordinary Shares on 11 March 2013 at a price of 0.1p.

Mr Teeling has indicated to the Board that he will be voting against the resolution to cancel the admission of the Ordinary Shares to trading on AIM at the Adjourned General Meeting on 15(th) March 2013. The Board is considering this and further announcements will be made in due course.

Enquiries:

 
NEOS Resources plc                     +44 (0) 20 7499 5626 
Steven Rudofsky - Executive Chairman 
 
finnCap Ltd                            +44 (0) 20 7220 0500 
Stuart Andrews 
 Christopher Raggett

This information is provided by RNS

The company news service from the London Stock Exchange

END

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