Issue of Equity - amendment

15 Jan 2008 17:36

Sunrise Diamonds PLC15 January 2008 15 January 2008 SUNRISE DIAMONDS PLC NON-EXECUTIVE DIRECTORS' SHARE ISSUE This announcement replaces RNS announcement 8421L released today at 16:40. Sunrise Diamonds plc ("the Company") has today issued 189,235 new ordinary shares at 1.75p per share to Francis Johnstone and 165,759 new ordinary shares at 1.75p per share to Neil Herbert (Messrs Johnstone and Herbert being the two non-executive directors of the Company) following the Company's agreementwith the two non-executive directors that their fee entitlements (net of PAYEIncome Tax and National Insurance) be settled bi-annually by an issue of new ordinary shares. This share issue represents payment of net fees for the period 1 May 2007 to 31 December 2007. The issue price is the closing mid-market price on the dayprior to the date of allotment following the end of the relevant close period. Application has been made for 354,994 new ordinary shares to be admitted totrading on AIM and it is expected that such admission will become effective at8am on 21 January 2008. For further information contact: Patrick Cheetham, Sunrise Diamonds plc. Tel: +44 (0)1625 505947Brett Miller, Ruegg & Co Limited. Tel: +44 (0)20 7584 3663 - END - This information is provided by RNS The company news service from the London Stock Exchange