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Statement re Directors' Dealings

27 Jul 2012 07:50

RNS Number : 6671I
Amerisur Resources PLC
27 July 2012
 



27 July 2012

 

Amerisur Resources Plc ("Amerisur" or the "Company")

 

Statement re Directors' Dealings

 

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, announces that it has issued 43,320,000 new ordinary shares of 0.1p each pursuant to the exercise of 2007 options at 7.15p each by Directors of the Company in the following amounts:

 

Giles Clarke

26,100,000

Nick Harrison

8,720,000

 

In addition, Tracarta Ltd, in which John Wardle has a beneficial interest, has exercised options over 8,500,000 ordinary shares at 7.15p each.

 

Application has been made for admission of the new shares to trading on AIM and dealings are expected to commence on 1 August 2012. The number of shares in issue is now 959,693,831.

 

Furthermore, the Company has been notified of the following dealings on 27 July 2012, principally to cover the exercise costs and tax due on the options, in the Company's shares:

 

Shares Sold

Price

Revised holding in Company

Percentage of issued share capital

 

Giles Clarke

19,410,672

37.50p

17,216,776

1.79%

Nick Harrison

7,026,228

37.50p

3,938,797

0.41%

 

Tracarta Limited has notified the Company that it sold 8,500,000 shares on 27 July 2012 at 37.50p each.

 

John Wardle has a beneficial interest in 8,865,860 Amerisur shares, representing 0.92% of the enlarged share capital.

 

ENDS

 

ENQUIRIES:

 

 Billy Clegg/Latika Shah

 FTI Consulting

Tel: +44 (0)207 831 3113

 

 

Martin Eales/Pierre Schreuder

RBC Capital Markets

 

Tel: +44 (0)207 653 4000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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