8th Nov 2012 09:50
Sierra Rutile Limited
Director/PDMR Shareholding
London, UK, 8 November 2012:Sierra Rutile Limited (AIM:SRX) today received notice that, Mr Jan Castro, the Non-Executive Chairman of the Company, purchased 125,000 ordinary shares of no par value ("Ordinary Shares") yesterday at an average price of 49.8 pence per share. Following this share purchase, Mr Jan Castro's beneficial interest in the Company is 821,000 Ordinary Shares, which represents 0.16% of the of issued share capital.
Ends
For further information please contact:
Sierra Rutile Limited Joe Connolly, Chief Financial Officer & Company Secretary
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+44 (0)20 7074 1800 |
RBC Capital Markets Nominated Adviser and Joint Corporate Broker Martin Eales / Jonathan Hardy
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+44 (0)20 7653 4000 |
Mirabaud Securities Joint Corporate Broker Peter Krens
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+44 (0)20 7321 2508 |
Kreab Gavin Anderson Andy Jones/ Anthony Hughes |
+44 (0)20 7074 1800 |
Notes to Editors
About Sierra Rutile Limited
Sierra Rutile produces titanium feedstock industrial minerals (primarily rutile, with associated ilmenite), as well as smaller quantities of zircon. Sierra Rutile's mine, located in the south west of Sierra Leone, is one of the largest natural rutile deposits in the world, with a JORC-Compliant Mineral Resource for measured, indicated and inferred resources for the Sierra Rutile mine of over 600 million tonnes (as at February 2011).
www.sierra-rutile.com
Related Shares:
SRX.L