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DIRECTOR/PDMR SHAREHOLDING

29th Jun 2009 16:43

RNS Number : 7149U
Melrose Resources PLC
29 June 2009
 



FOR IMMEDIATE RELEASE

29 June 2009

MELROSE RESOURCES PLC

DIRECTOR/PDMR SHAREHOLDING

Melrose Resources plc (LSE: MRS) ("the Company") announces that, on 29 June 2009, it received notification of a change in a Director's shareholding as a result of the transfer of shares in the Company, further details of which are set out below.

Skye Investments Limited has resolved to transfer the legal interest, but not the beneficial interest, of 5,000,000 ordinary shares in the Company to Robert Adair, Executive Chairman. These ordinary shares have been pledged to HBOS plc as security for existing loan arrangements.

The total number of shares held by Mr Adair and Skye Investments Limited remains the same on a beneficial interest basis.

Notes:
(1) The shares were transferred at nil consideration from Skye Investments Limited to R F M Adair on 29 June 2009.
(2) As at 30 June 2009, Mr Adair is interested in 58,191,929 ordinary shares in the Company, of which 57,391,423 are beneficially owned by Skye Investments Limited, a company in which he has a controlling interest.
(3) The Company has 110,182,698 ordinary shares in issue.

For further information please contact:

Melrose Resources plc

Alasdair Robinson, Group Company Secretary

0131 221 3360

Buchanan Communications 

Ben Willey

0207 466 5000

Ben Romney

or visit www.melroseresources.com

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