23 Feb 2010 16:31
23 February 2010
Stellar Diamonds plc
("Stellar" or the "Company")
Director's Dealing
Stellar, a focused diamond exploration, production and development company with a portfolio of properties in West Africa announces today that on 23 February 2010, a total of 112,500 ordinary shares of 5p each ("Bonus Shares") were allotted and issued to Karl Smithson, Chief Executive Officer, and Angus Ogilvie, Finance Director. These allotments are in satisfaction of half of their respective listing bonuses of £30,000 and £15,000 (as set out in the Company's Admission Document) following the successful admission of Stellar.
| Director | No. of shares | Price | No. of shares following the issue | % of issued share capital |
| Karl Smithson | 75,000 | 20p | 492,775 | 0.51% |
| Angus Ogilvie | 37,500 | 20p | 144,136 | 0.15% |
These Bonus Shares will rank pari passu in all respects with the existing ordinary shares in issue.
Enquiries:
Stellar Diamonds plc
Karl Smithson Tel: +44 (0) 7783 707971
RBC Capital Markets
Martin Eales / Daniel Conti Tel: +44 (0) 20 7653 4000
Astaire Securities
Jerry Keen / Charles Vaughan Tel: +44 (0) 20 7448 4400
Pelham Bell Pottinger
Charles Vivian / James MacFarlane Tel: +44 (0) 20 7337 1500