LONDON MINING - DIRECTOR / PDMR DEALINGS
(Thomson Reuters ONE) -
London Mining announces that Graeme Hossie (CEO and primary insider of the
Company) and Luciano Ramos (COO and primary insider of the Company) notifed the
Company on 26 May 2010, that they had purchased ordinary shares in the Company
on the AIM market of the London Stock Exchange.
Graeme Hossie notified the Company that on 25 May 2010 he purchased 58,674
ordinary shares in the Company at 200 pence per share. Following this
transaction, Graeme Hossie holds 6,689,836 ordinary shares in the Company (of
which 3,500,000 are held through Pelos Strategy, an entity in which Graeme
Hossie holds a beneficial interest and of this number, 2,000,000 form part of a
portfolio of various securities which are subject to a charge). In addition
Graeme Hossie has an indirect interest in a further 525,000 ordinary shares in
the Company. Mr Hossie also has a beneficial interest in options over
3,000,000 ordinary shares in the Company pursuant to the London Mining plc No.
1 Share Option Plan (the "Share Option Plan").
Luciano Ramos notified the Company that on 25 May 2010 he purchased 130,000
ordinary shares in the Company at 190 pence per share. Following this
transaction, Luciano Ramos holds 209,667 ordinary shares in the Company. Mr
Ramos also has a beneficial interest in options over 2,000,000 ordinary shares
in the Company pursuant to the Share Option Plan and 400,000 ordinary shares in
the Company pursuant to the London Mining Long-Term Incentive Plan.
For more information, please contact:
London Mining Plc
Graeme Hossie, Chief Executive Officer +44 20 7201 5000
Rachel Rhodes, Finance Director
Thomas Credland, Head of Investor Relations
Liberum Capital (Nominated Advisor/Broker)
Clayton Bush/Ellen Francis +44 20 3100 2000
Crux Kommunikasjon AS
Charlotte Knudsen +47 97 56 19 59
Brunswick Group
Carole Cable/ Daniel Thöle +44 20 7404 5959
The Company's website can be found at www.londonmining.co.uk
About London Mining
London Mining is focused on identifying, developing and operating scaleable
mines to become a mid-tier supplier to the global steel industry. London Mining
is developing four iron ore mines in Sierra Leone, Saudi Arabia, Greenland and
China as well as a coking coal operation in Colombia. All London Mining's assets
have deliverable production with potential for expansion. The Company listed on
the Oslo Axess on 9 October 2007 and on AIM in London on 6 November 2009. It
trades under the symbols LOND.L and LOND.NO (Reuters) and LOND LN and LOND NO
(Bloomberg).
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1418887]
Unternehmensinformation / Kurzprofil:
Datum: 26.05.2010 - 14:00 Uhr
Sprache: Deutsch
News-ID 21488
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
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