3 Mar 2011 17:00
Avocet Mining PLC ("Avocet" or the "Company")
Director's dealings
The Company has today been informed that on 2 March 2011, Mike Norris sold 53,604 ordinary shares ('Shares') in the Company at a price of 240.37 pence per Share in order to settle the income tax and other liabilities resulting from the receipt of bonus Shares as announced on 24 February 2011.
As a result of this transaction, Mike Norris holds a beneficial interest in the Company as follows:
Shares owned | Restricted shares held in EBT/SIP | Share options | |||||
Unrestricted | Restricted | Total | EBT | SIP | Total | ||
M Norris | 250,571 | 193,791 | 444,362 | 18,049 | 1,951 | 20,000 | 1,150,000 |
Contacts:
Jim Wynn, Company Secretary, Avocet Mining PLC, 020 7766 7676
Samantha Harrison, Jen Boorer, Ambrian Partners Limited, 020 7634 4700
AVM.L (AVM)