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Director's Dealing

23 Feb 2010 16:31

RNS Number : 5681H
Stellar Diamonds PLC
23 February 2010
 



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

 

 

 

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