Director/PDMR Shareholding

Director/PDMR Shareholding

ID: 4728

(Thomson Reuters ONE) - Glencar Mining plc Directors Dealing 14 August 2009Glencar Mining plc ("Glencar" or the "Company") announces theexercise on 11 August 2009 by Directors of 2,250,000 options onGlencar shares at an exercise price of ?0.075 each, as set out in thetable below;+----------------------------------------------------------------------------+| | | |% of Company's || |Options |Resultant Holding of Ordinary |Enlarged Ordinary ||Director |Exercised|Shares |Share Capital ||-----------+---------+--------------------------------+---------------------||Hugh |1,000,000|3,975,106 |1.31% ||McCullough | | | ||-----------+---------+--------------------------------+---------------------||Kieran |500,000 |1,501,300 |0.49% ||Harrington | | | ||-----------+---------+--------------------------------+---------------------||Sean Finlay|250,000 |778,927 |0.26% ||-----------+---------+--------------------------------+---------------------||Philip |250,000 |768,750 |0.25% ||O'Quigley | | | ||-----------+---------+--------------------------------+---------------------||William |250,000 |2,137,500 | 0.70%||Cummins | | | |+----------------------------------------------------------------------------+Following the issue of these shares the enlarged issued share capitalof Glencar is 304,151,764 ordinary shares. The new ordinaryshares will rank pari-passu in all respects with the existingordinary shares.Application will be made to the London Stock Exchange and to theIrish Stock Exchange for the ordinary shares referred to above to beadmitted to trading on the AIM Market of the London Stock Exchange("AIM") and on the Irish Enterprise Exchange of the Irish StockExchange ("IEX"). Dealing is expected to commence in these shares on20 August 2009.Dealing Disclosure RequirementsThe holder of 1% or more of any relevant securities in the Companymay have disclosure obligations under Rule 8.3 of the Irish TakeoverPanel Act, 1997, Takeover Rules 2007.For further information, please contact:Glencar Mining plcHugh McCullough, Managing DirectorTel: +353 1 661 9974e-mail: info(at)glencarmining.ieThe Directors of Glencar Mining plc accepts responsibility for theinformation contained in this announcement. To the best of theirknowledge and belief (having taken all reasonable care to ensure thatsuch is the case), the information contained in this announcement forwhich they take responsibility is in accordance with the facts anddoes not omit anything likely to affect the import of suchinformation.Davy Corporate Finance, which is regulated by the FinancialRegulator, is acting exclusively for Glencar Mining plc and no oneelse in connection with the Offer and will not be responsible toanyone other than Glencar Mining plc for providing the protectionsafforded to clients of Davy Corporate Finance nor for providingadvice in relation to the Offer.---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 14.08.2009 - 12:14 Uhr
Sprache: Deutsch
News-ID 4728
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