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DIRECTOR DEALINGS: Herencia Resources Non-Executive Acquires 4.5 Million Shares

17th Jan 2014 15:13

LONDON (Alliance News) - Herencia Resources PLC Friday said non-executive director John Russell became beneficially interested in 4.5 million shares at a price Thursday.

Details are as follows.

Shares acquired by J Russell

500,000 at 0.60p per ordinary share

1,000,000 at 0.61p per ordinary share

300,000 at 0.6195p per ordinary share

700,000 at 0.662p per ordinary share

 

Shares acquired by V Russell (wife)

500,000 at 0.55p per ordinary share

500,000 at 0.57p per ordinary share

1,000,000 at 0.619p per ordinary share


The AIM-listed company Monday said it had got GBP1.86 million in funding after Shining Capital Management completed due diligence and signed a subscription agreement for 300 million new shares at 0.62 pence each.

Following this transaction, Russell has an interest in 12 million shares representing 0.49% of the total number of shares in issue.

Shares in the exploration and development company were quoted at 0.630 pence up 0.8% Friday.



By Arvind Bhunjun; [email protected]; @arvindbhunjun

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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Herencia Resources
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