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Director Dealing

29 Sep 2015 09:43

RNS Number : 5324A
Atlantic Coal PLC
29 September 2015
 



29 September 2015

 

Atlantic Coal plc / Index: AIM / Epic: ATC / Sector: Mining

 

Atlantic Coal plc ("Atlantic" or the "Company")

Director Dealing

 

Atlantic Coal plc, the AIM listed open cast coal production and processing company with activities in Pennsylvania, USA, announces that it was informed on 29 September 2015 that Peter Chinneck, a non-executive director of the Company, transferred 218,051,282 ordinary shares of 0.07p each in the capital of the Company ("Ordinary Shares") from a nominee account in his name at Brewin 1762 Nominees Ltd to a nominee account in his name at Alliance Trust Savings Limited on 28 September 2015, for nil consideration. This transfer was effected pursuant to the sale by Brewin Dolphin Limited of the Stocktrade broking business, where Mr Chinneck holds part of his interest in Atlantic's Ordinary Shares, to Alliance Trust Savings.

 

Mr Chinneck's beneficial interest in the Company's Ordinary Shares has not changed as a result of the above transfer and remains a total of 250,051,282 Ordinary Shares, representing 5.09% of the Company's issued ordinary share capital.

 

**ENDS**

 

For further information on the Company, visit: www.atlanticcoal.com or contact:

 

Steve Best

Atlantic Coal plc

Tel: 0191 386 6392

Nick Naylor 

Allenby Capital Limited

Tel: 020 3328 5656

John Depasquale

Allenby Capital Limited

Tel: 020 3328 5656

Alex Brearley

Allenby Capital Limited

Tel: 020 3328 5656

 

 

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