6 Jan 2016 07:00
NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES.
6 January 2016
AIM: STEL
Stellar Diamonds plc
("Stellar" of the "Company")
Director's dealing
The Company was informed on 05 January 2016 that Karl Smithson, Chief Executive Officer of the Company, on the same day transferred ordinary shares from a nominee account in his personal name into a personal SIPP as follows:
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Date Transferred | Number of shares transferred
| Price per share (p) | Total holding prior to the transfer | Total holding subsequent to transfer
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05 Jan 2016 | 364,123 | 8.01 p | 626,073 | 625,019 |
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There is a small change to Mr Smithson's total beneficial as a result of the transfer. Following the transfer, he is beneficially interested in 625,019 ordinary shares (including those held by his wife), representing 2.42% of the issued share capital of the Company. The issued share capital of the Company comprises 25,802,474 ordinary shares of 1p each.
**ENDS**
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 | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Charlotte Heap | (Financial PR) | Tel: +44 (0) 20 7236 1177 |
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.