17th Jul 2006 13:36
Aricom PLC17 July 2006 Directors Dealings 17 July 2006 Aricom plc (the "Company") hereby announces that it has been notified today byPeter Hambro and Pavel Maslovskiy, directors of the Company, that two companies,each associated with one of them, have each acquired an additional 10 millionordinary shares in the Company of 0.1p each ("Shares") at the price of 45p perShare. Pre-acquisitions Number of Shares Post-acquisition shareholding acquired shareholdingPeter Hambro and associates 21,266,955 (4.69%) 10,000,000 31,266,955 (6.89%) Pavel Maslovskiyand associates 42,400,223 (9.35%) 10,000,000 52,400,223 (11.55%) Total 63,667,178 (14.04%) 20,000,000 83,667,178 (18.44%) Confirmation has been received that the acquisition of these additional shareswill not prejudice the disapplication of Rule 9 of the UK Takeover Code whichhas already been granted to Messrs. Hambro and Maslovskiy and their associatesto cover the acquisition and issue of additional Shares in the event of exerciseof the option by the Company to purchase the remaining 50% of the entity owningthe Kimkanskoye and Sutarskoye licences not already owned by the Company from acompany associated with Mr Hambro and Mr Maslovskiy. Enquiries: Jay Hambro Aricom plc +44 (0) 207 201 8914Tim Grey The Millbrook Partnership +44 (0) 207 520 9455 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Orogen Gold