6th Sep 2007 13:23
African Minerals Ltd06 September 2007 African Minerals Limited ("African Minerals" or "the Company") Director's Share Dealings African Minerals Limited (AIM: AMI), the diamond and mineral exploration andproduction company with interests focused in Sierra Leone, West Africa,announces certain director's share dealings. The Company announces that 500,000 new common shares of US$0.01 each (the 'NewCommon Shares') have been issued and allotted today to Mr Gibril Bangura,Executive Director, pursuant to the meeting of performance related objectives insecuring exploration licences for the Company in Sierra Leone. These New CommonShares will be held in the Twin Trust, of which Mr Gibril Bangura is abeneficiary. Subsequent to the issuing of these New Common Shares, AfricanMinerals will have 155,058,241 common shares in issue, of which CA FiduciaryServices Limited, as trustees of the Twin Trust, will hold 5,292,624 commonshares representing 3.4% of the issued share capital of the Company. Application has been made for the New Common Shares to be admitted to tradingand these will rank pari passu with the Company's existing Common Shares.Dealings on AIM are expected to commence 12 September 2007. Enquiries: African Minerals Limited Tel: +44 (0) 20 7849 3002Frank TimisJamie Alpen Canaccord Adams Limited Tel: +44 (0) 20 7050 6500Mark AshurstMike Jones Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571Media enquiries: Martin Jackson/Kate DelahuntyAnalyst enquiries: Scott Fulton This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AMI.L