RNS Number : 1815D
Target Resources Plc
10 September 2008
10 September 2008
Target Resources plc
('Target' or the 'Company')
Additional Listing
Target Resources plc (AIM:TGT), the alluvial diamond and gold mining company operating in Sierra Leone, announces that application has been made for the admission to trading on AIM ('Admission') of 708,640 new ordinary shares of 1p each in the Company ('Ordinary Shares'), pursuant to the exercise on 10 September 2008 of options, all at 1p per Ordinary Share, by two Directors as set out below:
|
Director
|
Options exercised
|
Resultant interest in Ordinary Shares
|
% of total issued Ordinary Shares
|
|
|
|
|
|
|
Peter O'Kane
|
354,320
|
969,716
|
0.79%
|
|
John Carrick-Smith
|
354,320
|
674,320
|
0.55%
|
The new Ordinary Shares rank pari passu with the Company's existing issued ordinary shares, and dealings are expected to commence on 16 September 2008.
Following Admission, the Company's enlarged issued share capital will comprise 123,234,223 ordinary shares with voting rights. The Company does not hold any shares in treasury. This figure of 123,234,223 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
- ENDS -
Enquiries:
|
Target Resources plc
|
020 7258 2300
|
|
Yair Ziv, Finance Director
|
www.target-resources.co.uk
|
|
|
|
|
Nominated Adviser & Broker
|
|
|
Arbuthnot Securities
|
020 7012 2000
|
|
John Prior
|
|
This information is provided by RNS
The company news service from the London Stock Exchange
END
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