10th Oct 2013 09:48
LONDON (Alliance News) - Firestone Diamonds PLC Thursday said non-executive directors including its non-executive Chairman Lucio Genovese and Chief Executive Officer Tim Wilkes were issued 8.4 million shares at 2.75 pence per share on Tuesday as part of renumeration payments for additional services rendered to the company above the director's normal duties.
Director | New Ordinary Shares issued | Total shareholding post issue | Percentage of enlarged issued share capital |
Lucio Genovese | 3,758,866 | 12,881,269 | 1.71 |
Braam Jonker | 2,037,939 | 4,293,154 | 0.57 |
Julian Treger | 1,698,283 | 93,837,219 | 12.45 |
Tim Wilkes | 905,750 | 1,931,688 | 0.26 |
The newly issued shares represent about 1.1% of the diamond miner's share capital. Firestone Diamonds shares were down 6.9% to 2.56 pence Thursday.
By Tom McIvor; [email protected]; @TomMcIvor1
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