31st Dec 2008 07:00
For immediate release 31 December 2008
ALLIED GOLD LIMITED ("ALLIED" OR "THE COMPANY")
DIRECTORS DEALINGS
The Company announces that the following options held by a Director of the Company, Mr Anthony Lowrie, expire today, 31 December 2008.
1,000,000 Unlisted Options exercisable at $0.40
1,000,000 Unlisted Options exercisable at $0.44
Following the expiration of options, Mr Lowrie holds 1,635,460 ordinary shares held indirectly in the Company representing a holding of 0.39% of the Company's issued share capital.
Mr Lowrie also holds 1,000,000 Unlisted Options exercisable at $0.35 on or before 31 October 2011 vesting immediately, 500,000 Unlisted Options exercisable at $0.35 on or before 31 October 2011, vesting upon the 100,000th ounce of gold produced between 1 October 2008 and 31 December 2009 and 500,000 Unlisted Options exercisable at $0.35 on or before 31 October 2011, vesting upon when the Company's Share price trades at greater than $0.70 for 5 consecutive trading days.
For more information:
|
Mark Caruso Managing Director |
T:+61 8 93533638 |
|
Roland Cornish Beaumont Cornish Limited |
T: +44 (0) 20 7628 3396 |
Related Shares:
ALD.L