Sign In
4 Nov 2009 13:23
ο»Ώ
AIM: CLF
TSX: CFG
ForΒ immediateΒ release onΒ 4Β NovemberΒ 2009
CLUFF GOLD PLC
("Cluff Gold" or the "Company")
Additional Listing and Director's Shareholding
London, England,Β 4 NovemberΒ 2009 -Β Cluff Gold, the West African focused gold mining company, today announces that it has approved the issue of 400,000 ordinary shares ("Ordinary Shares") of 1 pence each in the Company (the "New Ordinary Shares"). Application has been made for the New Ordinary Shares to be admitted to trading on the London Stock Exchange's AIM market for listed securities ("Admission").
Β
TheΒ 400,000Β NewΒ Ordinary Shares are being issued pursuant to the exercise of optionsΒ by MrΒ JGΒ Cluff, Chairman and Chief Executive ofΒ the Company. Mr Cluff has notified the Company that on the same day,Β 4 NovemberΒ 2009,Β heΒ soldΒ these 400,000 Ordinary SharesΒ at a price ofΒ 70 penceΒ per Ordinary Share. Mr Cluff's beneficial interest in the Company's sharesΒ following the saleΒ is as shown below:
|
Number ofΒ Ordinary SharesΒ held |
Percentage of enlarged Ordinary Share capital |
|
|
Mr JGΒ Cluff |
1,870,000 |
1.59 |
Following the exercise of these options, Mr Cluff holds 850,000 options to subscribe for Ordinary Shares in the Company, representing 0.72 per cent. of the enlarged Ordinary Share capital.
AdmissionΒ and dealings in the New Ordinary SharesΒ areΒ expected to become effective onΒ Tuesday, 10 NovemberΒ 2009.Β The newΒ OrdinaryΒ Shares will rankΒ pari passuΒ with the Company's existing Ordinary Shares.
Β
FollowingΒ Admission, the total issued share capital of the Company will beΒ 117,536,331Β Ordinary Shares, all of which have voting rights.
The above figureΒ 117,536,331Β may be used by shareholders 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,Β the share capital ofΒ Cluff GoldΒ under the FSA's Disclosure and Transparency Rules.
For further information, please contact:
Cluff Gold plc
JG Cluff, Chairman and Chief Executive
Catherine Apthorpe, Commercial Manager
Tel: +44 (0) 20 7340 9790
Evolution Securities Limited
Rob Collins
Tim Redfern
Adam James
Tel: +44 (0) 20 7071 4300
|
Farm Street Communications Ltd Investor Relations (U.K.) Simon Robinson +44Β (0)Β 20 7099Β 2212 simon.robinson@farmstreetmedia.comΒ |
The Equicom Group Investor Relations (Canada) Joanna Longo +1Β 416 815 0700 ext 233 jlongo@equicomgroup.comΒ |
Follow the stocks
