Last checked at 23 Dec 2011 07:00
Kryso Resources plc
('Kryso' or 'the Company')
AIM: KYS
Issue of Shares/Directors Dealing
Kryso Resources plc (AIM: KYS) announces that 1,143,369 ordinary shares in the Company have been issued pursuant to the exercise of 20,869 warrants at £0.115 per share, 322,500 warrants at £0.09 per share and the exercise of 800,000 options at £0.10 per share. Aggregate funds of £111,424.93 have been received by the Company.
The 800,000 options were exercised by Abuali Ismatov an Executive Director of the Company. Abuali Ismatov notified the Company on 22 December 2011 that he disposed of 800,000 shares from 19 - 22 December 2011 at an average price of 27.94p. His resultant holding is detailed below:
| Director | Number of Options Exercised and number of Shares Sold | Total number of Common Shares held following Exercise of Options and Disposal | Percentage of enlarged issued share capital | ||||||||||||
| Abuali Ismatov | 800,000 | 7,100,000 | 2.55% | ||||||||||||
Application has been made for the shares issued to be admitted to trading on AIM and dealings are expected to commence on 30 December 2011. Following admission there will be 278,254,286 ordinary shares in issue.
For further information please contact:
Craig Brown, Kryso Resources plc
Tel: +44 (0) 20 7349 9160
Jeremy Ellis, Evolution Securities
Tel: +44 (0) 20 7071 4300
John Grant, XCAP Securities plc
Tel: +44 (0) 207 101 7070
Copyright Business Wire 2011