22 Apr 2015 07:00
Sierra Rutile Limited
Director's Dealings
London, UK, 22 April 2015: Sierra Rutile Limited (AIM: SRX) ("Sierra Rutile") has on 21 April 2015 received notice that Michael Brown, a Non-Executive Director, has purchased 80,000 ordinary shares of Sierra Rutile at a price of 17.23 pence per share and 20,000 ordinary shares of Sierra Rutile at a price of 17.38 pence per share. Following these purchases, the shareholding of Mr. Brown is 720,174 shares, representing 0.14% of the issued share capital of Sierra Rutile.
Sierra Rutile has also on 21 April 2015 received notice that Richard Lister, a Non-Executive Director, has purchased 250,000 ordinary shares of Sierra Rutile at a price of 17.24 pence per share. Following these purchases, the shareholding of Mr. Lister is 660,000 shares, representing 0.13% of the issued share capital of Sierra Rutile.
For Further Information:
Sierra Rutile Limited Yves Ilunga, Chief Financial Officer
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+44 (0)20 7074 1800 |
RBC Capital Markets Nominated Adviser and Joint Corporate Broker Jonny Hardy
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+44 (0)20 7653 4000 |
Investec Bank Joint Corporate Broker Chris Sim / George Price
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+44 (0)20 7597 4000 |
Kreab Marc Cohen / Christina Clark |
+44 (0)20 7074 1800 |
About Sierra Rutile Limited
Sierra Rutile produces titanium feedstock industrial minerals (primarily rutile, with some associated ilmenite), as well as smaller quantities of zircon. Sierra Rutile's mine, located in the south west of Sierra Leone, is one of the largest natural rutile deposits in the world, with a JORC-Compliant Mineral Resource for measured, indicated and inferred resources for the Sierra Rutile mine of over 910 million tonnes (as at 30 September 2013).
www.sierra-rutile.com