25th Sep 2007 10:57
Highland Gold Mining Limited25 September 2007 25 September 2007 Highland Gold Mining Limited. Directors Share Dealing. James Cross, Chairman of the Company and Christopher Palmer-Tomkinson aNon-Executive Director, each bought 30,000 ordinary shares of £0.001 per sharein the Company on 24 September, 2007 at a price of 86 pence per share. Theyrespectively have, together with persons connected with them, 340,000 and664,649 ordinary shares of £0.001 per share in the Company. Share Options. In accordance with the Highland Gold Mining Limited Unapproved Share OptionScheme, 1,785,000 options have been granted to Executive Directors andManagement as of 24 September 2007. 785,000 options granted, represent 50% ofinitial options granted to Executive Directors and Management in September 2005and due for an additional allocation after a period of two years. Of theseoptions, 125,000 have been granted to Henry Horne, Managing Director and 100,000to Duncan Baxter, Executive Director. One million options have been granted tomanagement. The option exercise price is 96.33 pence per share. Block Admission for shares to trade on AIM. Application has been made to the London Stock Exchange for a block admission ofa further 1,785,000 ordinary shares of £0.001 each under the Company'sUnapproved Share Option Scheme, to trade on the AIM market upon issuance. Theshares shall rank pari passu with the existing issued shares of the Company.After this admission, the total number of shares subject to a block booking willbe 4,130,000, being 2.1% of the issued ordinary share capital of the Company. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HGM.L