Director Shareholding
12 June 2003 - 9:25PM
UK Regulatory
RNS Number:2464M
BNB Resources PLC
12 June 2003
FOR IMMEDIATE RELEASE 12 june 2003
BNB Resources PLC
("BNB" or "the Company")
Purchase of shares by Directors
The Company was notified on 11 June 2003 that on that date certain of the
directors of the Company and parties connected with them and Simon Grinstead,
consultant, have acquired, in aggregate, 317,500 Ordinary Shares, representing
0.41 per cent. of the issued share capital, each at a price of 12 pence per
share. The individual purchases by the directors, consultant and parties
connected with them and their resultant holdings are as follows :
Number of Total holding Percentage of Number of
shares issued share warrants
capital
Paul Turner 7,500 190,770 0.25 -
Montelle Properties Limited 155,000 16,944,748 21.93 386,101
Simon Grinstead 155,000 1,934,841 2.50 2,000,000
The interests of the members of the Concert Party following the above purchases
are as follows :
Member of the Concert Party Number of ordinary Percentage of issued share Number of Warrants
shares capital
Perry Sub-concert Party
Xanthus Limited 16,278,943 21.06 222,076
Round Enterprises Limited 15,128,240 19.58 199,218
31,407,183 40.64 421,294
Montelle Sub-concert Party
Montelle 16,944,748 21.93 386,101
Madison Trust 528,456 0.68 13,649
The & Trust 3,421,443 4.43 57,068
Brian Myerson 69,914 0.09 -
Julian Treger, Director 69,914 0.09 -
21,034,475 27.22 456,818
Pension Plans 555,738 0.72 -
Total 52,997,396 68.58 878,112
Brian Myerson has a possible beneficial interest in Madison Trust, Julian Treger
has a possible beneficial interest in Montelle Properties Limited and Roderick
MacLeod has an indirect controlling interest in Xanthus Limited.
12 June 2003
Press enquiries:
Paul Turner, Group Finance Director
BNB Resources PLC 020 7634 1073
Alex Borrelli
Shore Capital 020 7408 4090
DEFINITIONS
'Ordinary Shares' ordinary shares of 5 pence each in the capital of the Company
'Pension Plans' BNB Resources Pension Trustees Limited and The BNB Resources
Performance Share Plan
'Warrants' warrants to subscribe for new Ordinary Shares
This information is provided by RNS
The company news service from the London Stock Exchange
END
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