Anglesey Mining plc announces that on 22 March 2012 Ian Cuthbertson, finance director of the company, acquired 200,000 new ordinary shares of one pence each issued in respect of the exercise of a share option at a price of 4.16 pence per share. The options were granted under the Unapproved Executive Share Option Scheme on 29 October 2004.
Also on 22 March 2012, he disposed of 107,000 shares at a price of 21.175p per share, generating sufficient proceeds to satisfy the exercise cost, PAYE, National Insurance and dealing costs in respect of the option exercise and share sale.
Following these transactions the interest of Ian Cuthbertson in the share capital of the company is:
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The date of notification of these dealings is 22 March 2012.
The new ordinary shares to be issued will rank pari passu with the existing ordinary shares of the company. Following the allotment the issued share capital of the company will be 158,608,051 shares with voting rights; there are no shares in treasury.
The above figure may be used by shareholders as the denominator for the calculations which will determine whether they are required to notify their interest in the company, or any change to that interest, under the FSA’s Disclosure and Transparency Rules.
For further details:
Ian Cuthbertson, Finance Director + (44) 1248 361333
Bill Hooley, Executive Director + (44) 1492 541981