Directors' Interests
28 Avril 2010 - 2:08PM
UK Regulatory
TIDMAFD
RNS Number : 9565K
African Diamonds PLC
28 April 2010
African Diamonds PLC
Placing of New Shares
As previously announced, three directors and families have taken up 2,500,000
new shares in African Diamonds plc at the placing price of 40p. John Teeling and
family have taken 1.5 million shares, Jim Finn 500,000 and David Horgan 500,000
new shares.
Following the placing, the directors' interests are as follows:
No of shares Percentage No of shares
Percentage
before placing before placing
following placing following placing
John Teeling 3,295,820 4.32
4,045,820 4.03
David Horgan 2,795,720 3.67
3,295,720 3.28
James Finn 2,795,820 3.67
3,295,820 3.28
The shares will be admitted for trading on AIM on the 30th April 2010.
At 30th April 2010, the Company's issued share capital will consist of
100,357,266 ordinary shares of 1p each and the number of voting rights will be
100,357,266. This figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the Disclosure
and Transparency Rules.
John Teeling, Chairman, commented:
"We believe in AK6. It is as simple as that."
This release has been approved by Alex van Zyl, Technical Director African
Diamonds. Alex van Zyl (B.Sc. Stellenbosch, B.Sc. Hons. Pretoria) spent a long
career in Anglo American in the diamond division, ending up 1990 to 1997 with
worldwide responsibility for diamond exploration and evaluation. He was a
consultant to De Beers from 1997 to 2002.
28th April 2010
Further information:
African Diamonds Plc
John Teeling Tel: +353 1 8332833
James AH Campbell Tel: +27 83 457 3724
Finn Cap
Matthew Robinson, Corporate Finance Tel: +44 (0) 20 7600 1658
Henrik Persson, Corporate Finance
Joanna Weaving, Corporate Broking
College Hill
Nick Elwes Tel: +44 (0) 20
7457 2020
This information is provided by RNS
The company news service from the London Stock Exchange
END
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