22nd Nov 2005 11:45
Avocet Mining PLC22 November 2005 AVOCET MINING PLC ("Avocet" or the "Company") Directors' shareholding The Company was informed on 21 November 2005 that John Catchpole, ChiefExecutive, had on 21 November 2005 exercised 735,000 share options with anaverage exercise price of 28.4p and sold 300,000 ordinary shares (to pay therelated costs and taxes) at 100.75p per share. His total resultant holdingfollowing this notification is therefore increased to 1,579,696 ordinary shares(representing 1.5 per cent. of the issued share capital of the Company). The Company was also informed on 21 November 2005 that an employee had on 21November 2005 exercised 50,000 share options with an exercise price of 25p. Application has been made for the 785,000 new ordinary shares issued pursuant tothe exercise of options to be admitted to trading on AIM, and admission isexpected on 25 November 2005. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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