13 Apr 2012 15:52
Oxus Gold plc
("Oxus Gold" or the "Company")
Director's Dealings, Issue of Equity and Total Voting Rights
Oxus Gold announces that on 12 April 2012, 765,315 new ordinary shares of 1p each in the Company were issued and allotted to certain directors, employees and advisers in lieu of certain fees. The shares were issued at the average mid-market closing price for the period for which the fees were due, calculated quarterly. Where the issue relates to fees due in advance, these were issued at the mid-market closing price on 31 March 2012.
The new ordinary shares rank pari passu with the existing ordinary shares.
Following this issue of new ordinary shares, the Company's issued share capital now consists of 419,581,418 ordinary shares of 1p each, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 419,581,418.
The above figure of 419,581,418 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
Application has been made for admission of the newly issued shares to trading on AIM which is expected to occur on or around 19 April 2012.
The following shares, included in the total above, have been issued to Oliver Prior, Non-Executive Director of the Company, at the average mid-market price for the four quarterly periods covering 1 April 2011 to 31 March 2012:
Number of Shares | Issue Price |
161,284 | £0.0122 |
131,138 | £0.0128 |
159,919 | £0.0128 |
64,924 | £0.0323 |
Following this allotment described above, Mr. Prior is now interested in a total of 911,914 ordinary shares in the Company which represents 0.217% of the issued share capital of the Company.
Contact details:
Oxus Gold Plc Richard Shead, Chairman
| Tel: +44 (0) 207 907 2000 |
Fairfax I.S. PLC Ewan Leggat | Tel: +44 (0) 207 7460 4389 |