Anglo Asian Mining PLC Director's Dealing and Issue of Equity (3509Y)
23 January 2014 - 8:33PM
UK Regulatory
TIDMAAZ
RNS Number : 3509Y
Anglo Asian Mining PLC
23 January 2014
Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector:
Mining
Anglo Asian Mining plc
('Anglo Asian' or 'the Company')
Director's Dealing, Exercise of Options and Issue of Equity
Anglo Asian Mining plc, the AIM listed gold producer in
Azerbaijan, announces that it has issued 286,665 new ordinary
shares of 1.0 pence each in the capital of the Company ("New
Ordinary Shares").
150,000 new ordinary shares were issued to Non-executive
Director, John Monhemius further to the exercise of share options.
Mr Monhemius gave notice to exercise such share options on 22
January 2014. The share options were exercised at a price of 11.5
pence per share. Following the exercise of share options, Mr
Monhemius has an interest in a total of 205,556 ordinary shares in
the Company, which represents approximately 0.18 per cent of the
issued share capital of the Company.
In addition, 136,665 new ordinary shares were issued to an
employee in lieu of a cash bonus due equating to the value of
$50,000. The price for calculation of the number of shares to be
issued was 22.25 pence per share, being the closing share price on
the day prior to the award of the cash bonus.
The New Ordinary Shares will rank pari passu in all respects
with the existing ordinary shares of 1.0 pence each in the capital
of the Company. Application has been made to the London Stock
Exchange for the Placing Shares to be admitted to trading on AIM
("Admission"). It is expected that Admission will become effective
on or around 28 January 2014.
Furthermore, the Company has granted 50,000 share options to an
employee with an exercise price of 22.25 pence per share, being the
closing mid-market price of the Company's shares on AIM on 9
December 2013. The share options vest on 30 June 2014 and are
exercisable for a period of 10 years from the date of vesting.
Total Voting Rights
As a result of the issue of the New Ordinary Shares as described
above, the issued share capital of the Company will consist of
111,683,972 ordinary shares of 1.0 pence each from Admission.
The Company holds no shares in treasury. The total number of
voting rights in the Company is therefore 111,683,972. This figure
may be used by shareholders as the denominator for the calculations
by which they determine if they are required to notify their
interest in or a change to their interest in the Company under the
Disclosure Rules and Transparency Rules of the UK Financial Conduct
Authority.
**ENDS**
For further information please visit www.angloasianmining.com or
contact:
Reza Vaziri Anglo Asian Mining plc Tel: +994 12 596 3350
------------------- -------------------------- ---------------------
Sean Duffy Anglo Asian Mining plc Tel: +994 12 596 3350
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Ewan Leggat SP Angel Corporate Finance Tel: +44 (0) 20 3463
LLP 2260
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Laura Littley SP Angel Corporate Finance Tel: +44 (0) 20 3463
LLP 2260
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Felicity Edwards St Brides Media & Finance Tel: +44 (0) 20 7236
Ltd 1177
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Lottie Brocklehurst St Brides Media & Finance Tel: +44 (0) 20 7236
Ltd 1177
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This information is provided by RNS
The company news service from the London Stock Exchange
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