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Share Issue - Director's Share Dealing

24 Nov 2010 07:00

RNS Number : 6838W
GCM Resources PLC
24 November 2010
 



 

Date: 24 November 2010

 

GCM RESOURCES PLC

(AIM: GCM)

 

SHARE ISSUE - DIRECTOR'S SHARE DEALING

 

As disclosed on his appointment, a portion of the fees payable for the services of Mr Greg James, a non-executive director of GCM Resources plc (GCM), is to be settled by the issue of shares. Consequently, GCM has today allotted 3,750 ordinary shares to the company through which Mr Greg James provides services to GCM and in which he is beneficially interested. Following this allotment he has a beneficial interest in 28,750 ordinary shares in GCM. Application has been made to The London Stock Exchange for these shares to be admitted to AIM. It is expected that admission will become effective at 8.00 a.m. on 25 November 2010.

 

 

 

 

For further information:

 

GCM Resources plc

Steve Bywater

Chief Executive

 +44 (0) 20 7290 1630

 

Graham Taggart

Finance Director

+44 (0) 20 7290 1630

 

Pelham Bell Pottinger

Charles Vivian

44 (0)207 337 1538

 

Klara Kaczmarek

+44 (0)207 337 1524

J.P. Morgan Cazenove

Nominated Adviser

 

Michael Wentworth-Stanley

+44 (0) 207 588 2828

 

GCM Resources plc

Tel: +44 (0) 20 7 290 1630, Fax: +44 (0) 20 7290 1631

info@gcmplc.com; www.gcmplc.com

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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