9th Jun 2009 12:46
9 June 2009
Polo Resources Limited ("Polo" or the "Company")
Director's Share Dealings
Polo Resources Limited (AIM: PRL), the mining company with interests in coal and uranium, announces that it received notification yesterday that on the same day, 8 June 2009, Stephen R. Dattels (Executive Chairman), donated 2,000,000 shares of his holding in Polo to charity - to the Clinton Giustra Sustainable Growth Initiative (CGSGI). The price at which the shares were transferred was 4.4 pence per share - Polo's closing share price of yesterday.
As a result of these dealings, Mr Dattels is interested in a total of 100,714,286 Ordinary Shares, representing approximately 4.61 per cent of the issued ordinary share capital of Polo.
Contacts:
|
Polo Resources Limited Catherine Sugarman, Company Secretary |
+ 27 82 404 36 37 |
|
Canaccord Adams Limited Mike Jones/Ryan Gaffney |
+ 44 (0) 20 7050 6500 |
|
Financial Dynamics Ben Brewerton / Ed Westropp |
+ 44 (0) 20 7831 3113 |
About the Company
Polo is an emerging energy company focused on acquiring and developing advanced stage coal and uranium properties. For complete details on Polo Resources Limited, management encourages investors and interested parties to view its public documents filed on AIM Exchange at www.poloresources.com.
ENDS
Related Shares:
POL.L