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Board Changes / Sale of Shares by a Director

22nd Feb 2013 18:00

RNS Number : 5337Y
3Legs Resources plc
22 February 2013
 



FOR IMMEDIATE RELEASE

 

 

22 February 2013

 

 

3Legs Resources plc ("3Legs" or "the Company")

 

Board Changes / Sale of Shares by a Director

 

The Directors of the Company have been informed by Robert Jeffcock of his intention to resign as a Director of the Company with effect from today, 22 February 2013.

 

The Directors of the Company have also been informed by Clive Needham of his intention to resign as a Director of the Company with effect from today, 22 February 2013. Mr Needham will remain on the board of a number of subsidiary companies within the 3Legs group.

 

Robert Jeffcock has also informed the Directors today that Caithness Limited as trustee for Robert Jeffcock sold 6,000,000 ordinary shares in the Company on 21 February 2013 at a price of 26.5 pence per share. Following this transaction, Caithness Limited holds 1,330,720 ordinary shares in the Company, representing 1.57% of the issued ordinary share capital of the Company.

 

Enquiries:

 

3Legs Resources plc

Tel: +44 1624 811 611

Kamlesh Parmar, Chief Executive Officer

Alexander Fraser, Chief Financial Officer

Jefferies Hoare Govett

Tel: +44 (0) 207 029 8000

Simon Hardy

Jamie Buckland

College Hill

Tel: +44 (0) 207 457 2020

Matthew Tyler

Catherine Wickman

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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