24 Aug 2010 10:26
Date: 24 August 2010
GCM RESOURCES PLC
(AIM: GCM)
SHARE ISSUE - DIRECTOR'S SHARE DEALING
As disclosed on his appointment, a portion of the fees payable for the services of Mr Greg James, a non-executive director of GCM Resources plc (GCM), is to be settled by the issue of shares. Consequently, GCM has today allotted 6,250 ordinary shares to the company through which Mr Greg James provides services to GCM and in which he is beneficially interested. Following this allotment he has a beneficial interest in 25,000 ordinary shares in GCM. Application has been made to The London Stock Exchange for these shares to be admitted to AIM. It is expected that admission will become effective at 8.00 a.m. on 25 August 2010.
For further information:
| GCM Resources plc Steve Bywater Chief Executive +44 (0) 20 7290 1630
Graham Taggart Finance Director +44 (0) 20 7290 1630
| Pelham Bell Pottinger Charles Vivian 44 (0)207 337 1538
Klara Kaczmarek +44 (0)207 337 1524 |
| J.P. Morgan Cazenove Nominated Adviser
Michael Wentworth-Stanley +44 (0) 20 7325 1000 |
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| GCM Resources plc |
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| Tel: +44 (0) 20 7 290 1630, Fax: +44 (0) 20 7290 1631 |
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| info@gcmplc.com; www.gcmplc.com
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GCM Resources (GCM)