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4 Jan 2016 07:00
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4 January 2016
AIM: STEL
Stellar Diamonds plc
("Stellar" of the "Company")
Director's dealing
The Company was informed on 31 December 2015 that Karl Smithson, Chief Executive Officer of the Company, on the 30 December 2015 purchased approximately £10,000 of ordinary shares in the Company as follows:
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Date Purchased | Number of shares purchased
| Price per share (p) | Total holding prior to the purchase | Total holding subsequent to purchase
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30 Dec 2015 | 117,577 | 8.5 p | 508,496 | 626,073 |
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Following the purchase, Karl Smithson is beneficially interested in 626,073 ordinary shares (including those held by his wife), representing 2.43% of the issued share capital of the Company. The issued share capital of the Company comprises 25,802,474 ordinary shares of 1p each.
Enquiries:
Karl Smithson, CEO Philip Knowles, CFO | Stellar Diamonds plc Stellar Diamonds plc | Tel: +44 (0) 20 7010 7686 Tel: +44 (0) 20 7010 7686 |
Martin Lampshire Emma Earl Jo Turner | Daniel Stewart & Company plc (Broker) Cairn Financial Advisers (Nomad) | Tel: +44 (0) 20 7776 6550 Tel: +44 (0) 20 7148 7900 |
Lottie Brocklehurst Charlotte Heap | St Brides Partners Ltd (Financial PR) | Tel: +44 (0) 20 7236 1177 |
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About Stellar Diamonds plc
Stellar is an AIM quoted (AIM: STEL) West African focused diamond development company which is continuing trial mine evaluation of its Baoulé kimberlite in Guinea, and is progressing the 1.45 million carat Tongo Dyke-1 resource through the mining licence application process. In addition, Stellar holds the 3 million carat Droujba project in Guinea and continues to pursue channels to ensure the proper reinstatement of its Kono licences in Sierra Leone.
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