18 Feb 2014 13:55
18 February 2014
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 a total of 5,000,000 new ordinary shares of 0.1p each ("New Shares") pursuant to the exercise of options by a director as follows:
5,000,000 options at 11.05p each by Tracarta Limited, in which John Wardle has a beneficial interest.
Application has been made for admission of the New Shares to trading on AIM and dealings are expected to commence on 24 February 2014. Following admission of the new shares the number of ordinary shares in issue will be 1,062,094,031.
Furthermore, the Company was notified on 18 February 2014 that Tracarta Limited sold 2,670,000 shares at an average price of 54.78p each, to cover the exercise costs on the options in the Company's shares and other commitments.
As a result of the exercise of options and the sale of some shares, Tracarta Limited's holding has increased to 19,724,505 Amerisur shares, representing 1.86% of the enlarged share capital, in addition to 10,000,000 remaining options.
ENDS
ENQUIRIES:
Ben Brewerton/Natalia Erikssen
Tel: +44 (0)207 831 3113
FTI Consulting
Stephen Foss/Daniel Conti
Tel: +44 (0)207 653 4000
RBC Capital Markets
Investec
Chris Sim / Ben Colegrave
Tel: +44 (0)207 597 4000