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Director's Dealing

6 Jan 2016 07:00

RNS Number : 9247K
Stellar Diamonds PLC
06 January 2016
 

 

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:

 

 

 

 

 

 

Date Transferred

Number of shares transferred

 

Price per share (p)

Total holding prior to the transfer

Total holding subsequent to transfer

 

05 Jan 2016

364,123

8.01 p

626,073

625,019

 

 

 

 

 

 

 

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.

 

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