5 Jan 2011 12:28
Oxus Gold plc ('Oxus' or 'the Company')
Directors' Shareholdings and Issue of Equity
London: 5 January 2011 - Oxus Gold Plc ("Oxus"or the "Company") (OXS.L) announces that application has today been made for 955,314 new ordinary shares of 1p each in the Company to be admitted to trading on the AIM market of the London Stock Exchange. Further to the announcement on 8 December 2008, the new shares were allotted to Directors and senior management of the Company on 5 January 2011 at a price of 6.067p per share in lieu of fees and salaries for the period 1 October 2010 to 31 December 2010.
Included in this amount are shares allotted to Directors as follows:
Director | New ordinary shares issued | Total beneficial shareholding | Percentage of the issued share capital |
Richard Wilkins | 80,880 | 5,100,800 | 1.23 |
Richard Shead | 412,031 | 3,099,026 | 0.75 |
Oliver Prior | 34,034 | 318,859 | 0.08 |
Miradil Djalalov | 57,684 | 359,721 | 0.09 |
Jim McBurney | 39,802 | 211,215 | 0.05 |
The shares were issued at the average mid-market price for the period 1 October 2010 to 31 December 2010.
The new ordinary shares will rank pari passu with the existing ordinary shares and dealings are expected to commence in the new ordinary shares on 11 January 2011.
Following the allotment of the above new ordinary shares, the Company's total voting share capital in issue will be 415,375,770 ordinary shares of 1p each.
For further information, please contact:
Oxus Gold Plc
Tel: +44 (0) 207 907 2000
Richard Wilkins (FD)
Fairfax I.S. PLC
Tel: +44 (0) 207 598 5368
Ewan Leggat
Conduit PR Ltd
Tel: +44 (0) 207 429 6606
Ed Portman