FQM.L Regulatory News (FQM)

6 Jul 2007 16:52

First Quantum Minerals Ld06 July 2007 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer FIRST QUANTUM MINERALS LTD 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) 2(i) 3. Name of person discharging managerial responsibilities/director SEE SCHEDULE BELOW 4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person NOT APPLICABLE 5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest HOLDING 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares COMMON SHARES OF NO PAR VALUE 7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them SEE SCHEDULE BELOW 8. State the nature of the transaction VESTING OF APPROX. ONE-THIRD OF THE RESTRICTED STOCK UNITS AWARDED IN 2006PURSUANT TO THE COMPANY'S LONG TERM INCENTIVE PLAN 9. Number of shares, debentures or financial instruments relating to shares acquired SEE SCHEDULE BELOW 10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) SEE SCHEDULE BELOW 11. Number of shares, debentures or financial instruments relating to shares disposed NOT APPLICABLE 12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) NOT APPLICABLE 13. Price per share or value of transaction NOT APPLICABLE 14. Date and place of transaction 1 JULY 2007 - VANCOUVER 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) SEE SCHEDULE BELOW 16. Date issuer informed of transaction 5 JULY 2007 If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 17. Date of grant 18. Period during which or date on which it can be exercised 19. Total amount paid (if any) for grant of the option 20. Description of shares or debentures involved (class and number) 21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise 22. Total number of shares or debentures over which options held following notification 23. Any additional information D A STEVENS 01403 272484 24. Name of contact and telephone number for queries Name and signature of duly authorised officer of issuer responsible for making notification G C NEWALL - DIRECTOR Date of notification 6 JULY 2007 Schedule FIRST QUANTUM MINERALS LTD. Notification of Transactions of Directors and PDMRs LTIP Awards Vested July 2007 Box 3 Box 7 Box 9 Box 10 Box 15Name of Name of Number of % of TotalDirector/PDMR Registered Shares Issued Holding % Shareholder Acquired Class P K R Pascall P K R Pascall 2,461 0.0036 1,157,006 1.71019G C Newall G C Newall 969 0.0014 619,769 0.91609M R Rowley M R Rowley 2,238 0.0033 422,238 0.62412A B Adams A B Adams 255 0.0003 4,255 0.00629R Pennant-Rea R Pennant-Rea 255 0.0003 30,255 0.04472P St George P St George 255 0.0003 6,255 0.00925A C Hancharyk A C Hancharyk 332 0.0004 332 0.00049 This information is provided by RNS The company news service from the London Stock Exchange