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Director/PDMR Shareholding

6 May 2011 14:56

RNS Number : 1299G
Regency Mines PLC
06 May 2011
 



 

REGENCY MINES PLC

 

Directors' Dealing - Exercise of Options

 

Dated: 6 May 2011

 

Regency Mines PLC ("Regency" or the "Company") has been notified of the exercise of 3,100,000 options to subscribe for ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares"). The options have been exercised by directors of the Company, in the following amounts:

 

 

Number of Options Exercised

 

Exercise Price

Andrew Bell

2,500,000

1.25 pence

John Watkins

500,000

3.5 pence

Edmund Bugnosen

100,000

1.25 pence

 

As a result of this exercise of options, the enlarged direct interests of Andrew Bell, John Watkins and Edmund Bugnosen in the Company's Ordinary Shares are as follows:

 

 

Number of Ordinary Shares

Percentage of enlarged issued ordinary share capital

 

Andrew Bell

2,600,002

0.63%

John Watkins

3,650,000

0.89%

Edmund Bugnosen

200,000

0.05%

 

 

 

Andrew Bell is in addition indirectly interested in 39,994,280 Ordinary Shares, representing approximately 9.71% of the Company's enlarged issued ordinary share capital.

 

In addition to their interests in the Ordinary Shares stated above, Messrs. Bell, Watkins and Bugnosen remain interested in the following options to subscribe for Ordinary Shares.

 

 

Number of Options

Expiry Date

Exercise Price

Andrew Bell

4,500,000

30 Sept 2014

2.5 pence

 

4,500,000

30 Sept 2014

3.5 pence

 

1,000,000

11 May 2012

4.5 pence

John Watkins

1,000,000

11 May 2012

4.5 pence

Edmund Bugnosen

1,000,000

30 Sept 2014

2.5 pence

 

1,000,000

30 Sept 2014

3.5 pence

 

Application will been made for the new Ordinary Shares, which rank pari passu with the Company's existing issued ordinary share capital, to be admitted to trading on AIM and it is expected that the admission will occur on 12 May 2011.

 

Following the issue and allotment of the new Ordinary Shares, the Company will have 411,856,777 ordinary shares in issue.

 

Enquiries:

Andrew Bell

0207 402 4580 or

07766 474849

 

Regency Mines plc 

Chairman

Sandra Spencer

020 7402 4580 or

07757 660 798

 

Regency Mines plc

Public and Investor Relations

Peter Trevelyan-Clark / Ben Jeynes

 

020 7489 4500

Religare Capital Markets

 

Nominated Adviser

Nick Emerson

01483 413500

Simple Investments Ltd

 

Broker

Updates on the Company's activities are regularly posted on its website, www.regency-mines.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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