7 Nov 2013 13:53
7 November 2013
International Ferro Metals Limited
('IFL' or the 'Company')
Director's dealing in shares
The Company was informed today that Tony Grey (Non-Executive Chairman), Stephen Turner (Non-Executive Deputy Chairman), Chris Jordaan (Chief Executive Officer), Jannie Muller (Finance Director), Xiaoping Yang (Non-Executive Director), and Stephen Oke (Non-Executive Director) have today purchased shares in the company.
Tony Grey has purchased 100,000 ordinary shares in the Company at a price of 9.25 pence. Following this transaction, Mr Grey holds a total of 1,566,667 shares in IFL representing 0.283% of the Company's issued share capital.
Stephen Turner has purchased 100,000 ordinary shares in the Company at a price of 9.25 pence. Following this transaction, Mr Turner holds a total of 7,391,667 shares in IFL representing 1.334% of the Company's issued share capital.
Chris Jordaan has purchased 100,000 ordinary shares in the Company at a price of 9.25 pence. Following this transaction, Mr Jordaan holds a total of 300,000 shares in IFL representing 0.054% of the Company's issued share capital.
Xiaoping Yang has purchased 100,000 ordinary shares in the Company at a price of 9.25 pence. Following this transaction, Mr Yang holds a total of 266,667 shares in IFL representing 0.048% of the Company's issued share capital.
Stephen Oke has purchased 100,000 ordinary shares in the Company at a price of 9.51 pence. Following this transaction, Mr Oke holds a total of 250,000 shares in IFL representing 0.045% of the Company's issued share capital.
Jannie Muller has purchased 100,000 ordinary shares in the Company at a price of 9.25 pence. Following this transaction, Mr Muller holds a total of 250,000 shares in IFL representing 0.045% of the Company's issued share capital.
The Company was informed on 6 November, that on 30 October Terry Willsteed (Non-Executive Director) purchased 100,000 ordinary shares in the Company at a price of 9.00 pence. Following this transaction, Mr Willsteed holds a total of 1,350,000 shares in IFL representing 0.244% of the Company's issued share capital.
For further information please visit www.ifml.com or contact:
International Ferro Metals Limited Chris Jordaan, Chief Executive Officer
| +27 (0) 82 653 1463 |
Brunswick Group Carole Cable / Fiona Micallef-Eynaud
| +44 (0) 20 7404 5959 |
Numis Securities Limited James Black / John Prior / Stuart Skinner | +44 (0) 20 7260 1000 |
About International Ferro Metals:
International Ferro Metals produces ferrochrome, the essential ingredient in stainless steel, from its integrated chromite mine and ferrochrome processing operations in South Africa. International Ferro Metals is listed on the London Stock Exchange under the symbol IFL.