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Director Dealing

3 Jul 2014 07:00

RNS Number : 2672L
Stellar Diamonds PLC
03 July 2014
 



 

 

 

 

 

 

NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES.

 

3 July 2014

 

AIM: STEL

Stellar Diamonds plc

("Stellar" or the "Company")

 

Director Dealing

 

Stellar, the London listed (AIM:STEL) diamond development company focused on West Africa, was informed on 2 July 2014, that Karl Smithson, Chief Executive of the Company, acquired 246,087 ordinary shares of 1p each in the Company ("Ordinary Shares") on 2 July 2014 at a price of 1.21p per Ordinary Share.

 

As a result of this transaction, Karl Smithson's holding has increased to 7,267,371 Ordinary Shares which represents approximately 1.04% of the Company's issued share capital.

 

About Stellar Diamonds plc:

Stellar is an AIM quoted (AIM: STEL) West African focused diamond development company which is advancing its diamondiferous Baoulé kimberlite in Guinea towards trial mining, as well as progressing the 1.1 million carat Tongo Dyke-1 resource in Sierra Leone through a definitive feasibility study. In addition, Stellar holds the 3 million carat Droujba project in Guinea and continues to pursue both diplomatic and legal channels to ensure the proper reinstatement of its Kono licences in Sierra Leone.

 

** ENDS **

 

For further information contact the following or visit the Company's website at www.stellar-diamonds.com.

 

Karl Smithson, CEO

Philip Knowles, CFO

Stellar Diamonds plc

Stellar Diamonds plc

Tel: +44 (0) 20 7010 7686

Tel: +44 (0) 20 7010 7686

Antony Legge

Colin Rowbury

Daniel Stewart & Company plc (Nomad)

Daniel Stewart & Company plc (Broker)

Tel: +44 (0) 20 7776 6550

Tel: +44 (0) 20 7776 6550

Hugo de Salis

St Brides Media & Finance Ltd

Tel: +44 (0) 20 7236 1177

Lottie Brocklehurst

St Brides Media & Finance Ltd

Tel: +44 (0) 20 7236 1177

 

 

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