FQM.L Regulatory News (FQM)

31 Mar 2005 07:31

First Quantum Minerals Ld31 March 2005 First Quantum Minerals Ltd.("The Company") DIRECTOR DEALINGS The Company was notified 23 March 2005, that on 22 March 2005 R. Stuart Angus, aDirector of the Company, exercised 75,000 options over common shares in theCompany at a price of $3.81 per share and 25,000 options over common shares inthe Company at a price of $5.10 per share. On March 22, 2005 Mr Angus sold 1,900 shares at $25.14 per share and 18,100 at$25.00 per share. Following these transactions, Mr Angus is interested in 80,000common shares of the Company which is less than 1 per cent. of the issued sharecapital of the Company. The Company also received notification that options over a further 40,000 sharesin the Company have been exercised by employees of the Company at a price of$5.10 per share. Application has been made to AIM for the options exercised at a price of $3.81per share above to be admitted to AIM under a block admission, previouslyannounced on 26 January 2005. The shares to be issued pursuant to the options exercised at a price of $5.10per share do not fall under the block admission, and accordingly application hasbeen made to AIM for 65,000 common shares to be admitted to AIM. Following the above transactions, the Company has 61,483,628 common shares inissue. Unless otherwise noted, all prices are in Canadian dollars. This information is provided by RNS The company news service from the London Stock Exchange