29 Jan 2010 14:00
REGENCY MINES PLC
Director's Dealing, Exercise of Options and Issue of Equity
Dated: 29 January 2010
Regency Mines PLC ("Regency" or the "Company") has been notified that the interests of Andrew Bell, Chairman of the Company, in the Company have been reduced by the disposal yesterday of 2,000,000 ordinary 0.1p shares ("Ordinary Shares") in the Company at an average price of 1.2 pence per Ordinary Share.
Andrew Bell yesterday also exercised 250,000 options to subscribe for Ordinary Shares in the Company at a price of 1 pence per share ("New Ordinary Shares").
As a result of this disposal and exercise of options, Andrew Bell is interested in 41,994,282 Ordinary Shares in the Company, of which 100,002 are held directly. This interest represents 10.38 per cent. of Regency's issued ordinary share capital.
In addition to Andrew Bell's interest in the Ordinary Share Capital of the Company stated above, Mr. Bell remains interested in the following options to subscribe for the Company's 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 | |
| 2,500,000 | 31 May 2011 | 1.25 pence | |
| 1,000,000 | 11 May 2012 | 4.5 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. It is expected that the admission of the New Ordinary Shares to trading on AIM will occur on 4 February 2010.
Following the issue and allotment of the new Ordinary Shares, the Company will have 404,756,777 ordinary shares in issue.
For further information contact:
| Andrew Bell | 0207 402 4580 or 07766 474849 | Regency Mines plc | Chairman |
| Peter Trevelyan-Clark/Ben Jeynes | 020 7444 0800 | Blomfield Corporate Finance Ltd | Nominated Adviser |
| Nick Emerson | 01483 413500 | Simple Investments Ltd | Broker |
| Ron Marshman | 020 7011 9411 | Lothbury Financial Ltd | Public Relations |
Updates on the Company's activities are regularly posted on its website www.regency-mines.com.