31 Oct 2013 12:32
31 October 2013
Plutus Resources plc
('Plutus' or the 'Company')
Director shareholding
Completion of the subscription for convertible loan notes to raise up to £137,000
The Board of Plutus (AIM:PLR), the AIM listed natural resources investing company, announces that it was notified today that James Longley (Finance Director) today transferred 175,000 ordinary shares of 0.1 pence each in the Company (the "Ordinary Shares") at 1.125 pence per Ordinary Share to a self-invested personal pension scheme of which James is the sole beneficiary (the "Share Transaction"). Following the Share Transaction the beneficial interest of James Longley remains unchanged at 20,000,000 Ordinary Shares representing 13.9 per cent. of the Company's issued share capital.
The Board of Plutus is also pleased to announce that, further to the announcement made by the Company on 25 October 2013, the Company has today received the balance of £15,000 from investors in respect of the subscription of £137,000 of unsecured convertible loan notes by existing shareholders and new investors. Following of the receipt of these final funds, the subscription has now completed and no conditions remain outstanding.
For further information please contact:
Plutus Resources plc Charles Tatnall, Executive DirectorJames Longley, Finance Director
| Tel: 01483 400 610
|
Allenby Capital Limited(Nominated Adviser and Broker) Mark ConnellyNick Athanas | Tel: 020 3328 5656 |