22 Feb 2013 18:00
FOR IMMEDIATE RELEASE
22 February 2013
3Legs Resources plc ("3Legs" or "the Company")
Board Changes / Sale of Shares by a Director
The Directors of the Company have been informed by Robert Jeffcock of his intention to resign as a Director of the Company with effect from today, 22 February 2013.
The Directors of the Company have also been informed by Clive Needham of his intention to resign as a Director of the Company with effect from today, 22 February 2013. Mr Needham will remain on the board of a number of subsidiary companies within the 3Legs group.
Robert Jeffcock has also informed the Directors today that Caithness Limited as trustee for Robert Jeffcock sold 6,000,000 ordinary shares in the Company on 21 February 2013 at a price of 26.5 pence per share. Following this transaction, Caithness Limited holds 1,330,720 ordinary shares in the Company, representing 1.57% of the issued ordinary share capital of the Company.
Enquiries:
3Legs Resources plc | Tel: +44 1624 811 611 |
Kamlesh Parmar, Chief Executive Officer Alexander Fraser, Chief Financial Officer | |
Jefferies Hoare Govett | Tel: +44 (0) 207 029 8000 |
Simon Hardy | |
Jamie Buckland | |
College Hill | Tel: +44 (0) 207 457 2020 |
Matthew Tyler Catherine Wickman |
SALV.L (SALV)