AVM.L Regulatory News (AVM)

10 May 2006 12:30

Avocet Mining PLC10 May 2006 AVOCET MINING PLC ("Avocet" or the "Company") 10 May 2006 Directors' shareholding The Company was informed on 10 May 2006 that Jonathan Henry, Finance Director,had on 10 May 2006 exercised 50,000 unapproved share options with an exerciseprice of 30p and sold 20,000 ordinary shares (to pay the related tax and otherexpenses) at 235p per share. His total resultant holding following thisnotification is therefore increased to 363,831 ordinary shares (representing 0.3per cent. of the issued share capital of the Company). Application has been made for the 50,000 new ordinary shares issued pursuant tothe exercise of options to be admitted to trading on AIM, and admission isexpected on 16 May 2006. This information is provided by RNS The company news service from the London Stock Exchange