Director's Share Dealings
22 October 2009 - 12:34AM
UK Regulatory
TIDMPRL
RNS Number : 1699B
Polo Resources Limited
21 October 2009
21 October 2009
Polo Resources Limited
("Polo" or the "Company")
Director's Share Dealings
Polo Resources (AIM:PRL) was notified on 20 October 2009 that Stephen
R. Dattels, Executive Chairman of the Company, purchased on the same day
2,000,000 Ordinary Shares of the Company at a price of 5 pence per share.
Polo was further notified on 21 October 2009 that Mr. Dattels purchased on the
same day 3,000,000 Ordinary Shares of the Company at a price of 5 pence per
share.
Following the purchases, Mr. Dattels is interested in a total of 111,676,007
Ordinary Shares, representing approximately 4.76 per cent of the issued ordinary
share capital of the Company.
- Ends-
Contacts:
+--------------------------------------------------+------------------------+
| Polo Resources Limited | + 27 82 404 36 37 |
| Catherine Sugarman, Company Secretary | |
| | |
+--------------------------------------------------+------------------------+
| Canaccord Adams Limited | + 44 (0) 20 7050 6500 |
| Mike Jones/Ryan Gaffney | |
| | |
+--------------------------------------------------+------------------------+
| Financial Dynamics | + 44 (0) 20 7831 3113 |
| Ben Brewerton / Ed Westropp | |
| | |
+--------------------------------------------------+------------------------+
About the Company
Polo is an emerging energy company currently focused on acquiring and developing
advanced stage uranium and coal projects. For complete details on Polo Resources
Limited, management encourages investors and interested parties to view its
public documents filed on AIM Exchange at www.poloresources.com.
CAUTIONARY STATEMENT
The AIM Market of London Stock Exchange plc does not accept responsibility for
the adequacy or accuracy of this release. No stock exchange, securities
commission or other regulatory authority has approved or disapproved the
information contained herein. All statements, other than statements of
historical fact, in this news release are forward-looking statements that
involve various risks and uncertainties, including, without limitation,
statements regarding potential values, the future plans and objectives of Polo
Resources Limited. There can be no assurance that such statements will prove to
be accurate, achievable or recognizable in the near term. Actual results and
future events could differ materially from those anticipated in such statements.
These and all subsequent written and oral forward-looking statements are based
on the estimates and opinions of management on the dates they are made and are
expressly qualified in their entirety by this notice. Polo Resources Limited
assumes no obligation to update forward-looking statements should circumstances
or management's estimates or opinions change.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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