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1 Jul 2009 15:43
1st July 2009
PETER HAMBRO MINING PLC
DIRECTOR DEALINGS
Peter Hambro Mining plc ("PHM" or "the Company") has been advised by Philotus Holdings Limited ("Philotus"), a company associated with Peter Hambro and Pavel Maslovskiy, that due to the successful merger of PHM and Aricom plc ("Aricom"), the 90,000,000 ordinary shares in Aricom, which were charged as security for Philotus' contractual obligations (a regulatory announcement to this extent was issued by Aricom on 14 January 2009), were exchanged for 5,625,000 ordinary shares in PHM.
Consequently, as continuing security for Philotus' contractual obligations, on 29 June 2009 Philotus has executed a charge over 5,625,000 ordinary shares in PHM, which replaces the previous charge over 90,000,000 ordinary shares in Aricom.
Enquiries:
|
Peter Hambro Mining PlcAlya Samokhvalova Charles Gordon Rachel Tuft |
+44 (0) 20 7201 8900 |
|
Merlin David Simonson Tom Randell |
+44 (0) 20 7653 6620 |
|
JPMorgan Cazenove Patrick Magee Joe Seifert |
+44 (0) 20 7155 2828 |
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