Avarae Global Coins PLC Director's Dealing (2880O)

TIDMAVR

RNS Number : 2880O

Avarae Global Coins PLC

09 October 2012

For Immediate Release 9 October 2012

Avarae Global Coins plc

("Avarae" or the "Company")

Director's Dealing

The Company has today been informed that on 8 October 2012, Clem Chambers, a non-executive director of the Company, purchased 30,000 ordinary shares of one pence each ("Ordinary Shares") in the Company at a price of 10.6p per Ordinary Share. As a result of this purchase, Clem Chambers is interested in 30,000 Ordinary Shares in the Company, representing 0.37% of the issued ordinary share capital of the Company.

For further information on Avarae Global Coins plc, please contact:

 
 
  Diane Clarke/Matt Wood              +44 (0)16 2461 5614 
Avarae Global Coins plc 
 
 
  Tom Griffiths/Paul Gillam           +44 (0)20 7601 6100 
Westhouse Securities Limited 
 
 
  Toby Hall/Suzanne Johnson-Walsh     +44 (0)20 3103 3900 
GTH Communications Limited

Notes to editors:

Avarae provides access for institutions and individuals wanting to diversify their investment portfolios away from the traditional asset classes such as equities, property and bonds without the need to be an expert in the coin-collecting sector.

The Company's investment policy is to invest in rare, high quality antique coins and coin collections from across the world. It continues to build up an impressive portfolio of extremely high quality, rare coins which it intends to hold both for the long-term (i.e. 3 to 5 years), in order to achieve long-term capital growth for our shareholders, and also the short-term, in order to take advantage of short-term trading opportunities, as the market for rare coins continues to grow.

A principal objective of the Company is to achieve long-term capital growth through the appreciation in the value of the coins acquired. Since 31 March 2007, being the date of the Company's first audited accounts, the Company's audited NAV has increased by 50% per cent

This information is provided by RNS

The company news service from the London Stock Exchange

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