27th Feb 2014 15:33
Ortac Resources Ltd / Epic: OTC / Market: AIM / Sector: Mining & Exploration
Ortac Resources Ltd ('Ortac' or 'the Company')
Directors' Shareholding
Ortac Resources Ltd, the AIM listed exploration and development company focussed on natural resource projects in Europe, was notified on 25 February 2014 that, on that date, Vassillios Carellas, CEO of Ortac, transferred a total of 10,000,000 Ortac ordinary shares ("Ordinary Shares") in to his wife.
On the 27 February 2014, Mrs. Carellas sold 4,650,788 Ordinary Shares at a price of 0.248 pence per share and immediately repurchased 4,579,523 Ordinary Shares at a price of 0.25 pence per share through a Bed and ISA arrangement.
Following the above transactions Mr. Carellas' has an interest in 35,391,175 Ordinary Shares representing approximately 1.41 per cent. of the issued share capital of the Company.
**ENDS**
For further information please visit www.ortacresources.com or contact:
Vassilios Carellas Ortac Resources Ltd Tel: +44 (0) 20 7389 9050 Stewart Dickson Cantor Fitzgerald Europe Tel: +44 (0) 20 7894 7000 Catherine Leftley Cantor Fitzgerald Europe Tel: +44 (0) 20 7894 7000 Jeremy Stephenson Cantor Fitzgerald Europe Tel: +44 (0) 20 7894 7000 Jonathan Williams RFC Ambrian Limited Tel: +44 (0) 20 3440 6800
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