EGU.L Regulatory News (EGU)

13 Apr 2006 14:58

European Goldfields Ltd13 April 2006 For Immediate Release 13 April 2006 European Goldfields Limited (the "Company") Directors' Shareholdings The Company granted on 13 April 2006 for nil consideration options to purchasean aggregate of 150,000 common shares of the Company to non-executive directorspursuant to its share option plan (50,000 options to each of Philip Johnson,Hon. Robert Kaplan and Jeffrey O'Leary). The options expire on 12 April 2011 andare exercisable at a price of C$4.10 per share. The options vest in two equaltranches on 13 January 2007 and 13 October 2007. Application has today been made to London Stock Exchange plc for 538,334 commonshares without par value in the Company to be admitted to trading on AIM. Thesecommon shares are being issued following the exercise by a former director andan employee of share options previously granted by the Company. Admission ofthese common shares is expected to become effective on 21 April 2006. The Company was informed today that David Reading, a director of the Company,sold on 13 April 2006 a total of 100,000 common shares without par value in theCompany at a price of £2.01 per share. David Reading retains 125,000 commonshares, 760,000 share options and 750,000 restricted share units in the Company.The Company has 113,722,876 common shares outstanding. This information is provided by RNS The company news service from the London Stock Exchange