31st Aug 2006 16:21
Sierra Leone Diamond Company Ld31 August 2006 For immediate release 31 August 2006 Sierra Leone Diamond Company Limited ("SLDC" or the "Company") Additional Listings Sierra Leone Diamond Company (AIM : SLD), the diamond exploration company withlicence interests wholly focussed in the country of Sierra Leone, announces theexercise of certain share options issued to former employees of the Company. Sierra Leone Diamond Company announces that 199,480 new ordinary shares ofUS$0.01 each (the "New Ordinary Shares") have been issued and allotted at 50pence per share on 24 May 2006, pursuant to the exercise of options followingthe termination of an employment contract. It also announces that 200,000 new ordinary shares of US$0.01 each (the "NewOrdinary Shares") have been issued and allotted at 50 pence per share on 19 June2006, pursuant to the exercise of options under its share option plan. TheCompany received £100,000 from the exercise of these share options. The Company further announces the exercise of certain share purchase warrantsgranted in respect of services in connection with the Company's listing on AIMin February 2005. Sierra Leone Diamond Company announces that on 13 July 2006, pursuant to theexercise of share purchase warrants the Company has received £1,001,250 topurchase 1,335,000 new ordinary shares of US$0.01 each (the "New OrdinaryShares") at an exercise price of £0.75. Subsequent to these share issues, SLDC will have 112,819,907 ordinary shares inissue. Application has been made for the New Ordinary Shares to be admitted to trading, and these will rank pari passu with the Company's existing Ordinary Shares. Dealings on AIM are expected to commence on 5 September 2006. For further information, please contactSierra Leone Diamond Company 01442 257246David Gadd-Claxton, Chief Executive Officer Buchanan Communications 020 7466 5000Bobby MorseBen Willey This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AMI.L