4 Jan 2016 07:00
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NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES.
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4 January 2016
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AIM: STEL
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Stellar Diamonds plc
("Stellar" of the "Company")
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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  |
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.
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Enquiries:
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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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