Director/PDMR Shareholding

6 Aug 2009 15:24



Avocet Mining PLC ('Avocet' or the 'Company')

Share Incentive Plan

Directors' Shareholding

The Trustees of the Avocet Employee Share Incentive plan ('SIP') informed the Company today that it had received instructions to release 4,293 ordinary shares of 5p each in the Company ('Shares') to the beneficial ownership of Jonathan Henry, the Company's Chief Executive Officer. The SIP Shares vested after a five year holding period, and were part of a number of such shares allocated to directors and employees of the Company as deferred share bonus awards in 2004.

As a result, Jonathan Henry now holds 1,041,631 Shares, representing 0.5 per cent of the Company's issued share capital.

Contacts:

Jim Wynn, Company Secretary, Avocet Mining PLC, 020 7907 9000

Richard Brown, Richard Greenfield, Ambrian Partners Limited, 020 7634 4700