23 Jan 2014 15:15
23 January 2014
Patagonia Gold Plc
('Patagonia Gold' or the 'Company')
Exercise of Options
Director Shareholding
The Company announces that, following the exercise of share options ("Options"), application has been made for the admission of 3,281,000 ordinary shares of 1p each in the Company ("New Ordinary Shares") to trading on AIM.
Details of the Options which have been exercised by a director are set out below:
Director | Options exercised | Exercise price | Resultant shareholding | % shareholding |
Gonzalo Tanoira | 1,281,000 | 8p | 8,424,255 | 0.981 |
The New Ordinary Shares will rank pari passu with existing ordinary shares and it is expected that admission will occur at 8.00 a.m. on Wednesday, 29 January 2014.
Following admission of the New Ordinary Shares, the total number of voting rights in the Company's ordinary shares will be 858,933,565.
Enquiries:
Bill Humphries, CEO
Patagonia Gold Plc
Tel: +44 (0)20 7409 7444
David Bick / Mark Longson
Square 1 Consulting
+44 (0)20 7929 5599
Angela Hallett/James Dance
Strand Hanson Limited
Tel: +44 (0)20 7409 3494
Rory Scott
Mirabaud Securities LLP
Tel: +44 (0)20 7484 3510
Patagonia Gold (PGD)