4th Feb 2008 07:00
Patagonia Gold PLC04 February 2008 Patagonia Gold Plc ("Patagonia Gold" or the "Company") Additional Listing Directors shareholding Patagonia Gold, the South American mining explorer, today announces that thatapplication has been made for admission of 45,000,000 new ordinary shares of 1peach in the Company ("New Ordinary Shares") to trading on AIM. The New Ordinary Shares have been issued to the Argentinean Directors and theirfamily associates pursuant to the placing announced by the Company on 9 January2008. The Argentinean Directors have subscribed for New Ordinary Shares as follows: Shareholding Percentage of immediately enlarged issued New Ordinary Shares following share capital Subscribed AdmissionDirector Carlos Miguens 16,822,960 73,817,825 18.32Gonzalo Tanoira 1,380,700 6,059,100 1.50 The New Ordinary Shares will rank pari passu with existing ordinary shares of 1peach in the Company. It is expected that admission will become effective andthat dealings in the New Ordinary Shares will commence on 7 February 2008. Following the issue of these shares, the Company's issued share capital willconsist of 402,922,913 Ordinary Shares, with voting rights. The Company does nothold any Ordinary Shares in Treasury. The above figure of 402,922,913 Ordinary Shares may be used by shareholders inthe Company as the denominator for the calculation by which they will determineif they are required to notify their interest in, or a change to their interestin, the share capital of Patagonia Gold under the FSA's Disclosure andTransparency Rules. Enquiries: Patagonia GoldRichard Prickett/William HumphriesTel: +44(0)20 7409 7444 Strand Partners LimitedSimon Raggett / Angela PeaceTel : 020 7409 3494 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Patagonia Gold