30th Sep 2011 15:14
For immediate release
African Minerals Limited ("the Company")
Director/PDMR Shareholding
30 September 2011
African Minerals today received notice of the following purchases of common shares in the Company by Directors of the Company:
Director | No. of common shares acquired | Average price per share | Beneficial interest following this purchase - No. of common shares |
Miguel Perry | 12,365 | £4.01 | 15,176 * |
Roger Liddell | 37,140 | £4.01 | 37,140 |
Bernard Pryor | 5,811 | £4.01 | 5,811 |
Nina Shapiro | 30,268 | £4.01 | 30,268 |
In addition, senior staff of the company who are not directors also purchased a total of 15,208 shares at £4.01.
*Mr Perry also holds share options over 1,250,000 common shares, and is entitled to the issue of 500,000 common shares upon the successful achievement of certain performance related targets, and holds warrants for 12,500 common shares issued to him as a lender under the Secured Debt Funding in February 2011.
Ends
Contacts:
African Minerals Limited +44 20 3435 7600
Mike Jones
Aura Financial +44 20 7321 0000
Michael Oke / Andy Mills
Deutsche Bank +44 207 545 8000
Rupert Green
Related Shares:
AMI.L