31st Dec 2007 07:00
European Goldfields Ltd31 December 2007 Immediate release 31 December 2007 European Goldfields Limited ("the Company") Director's Shareholding On 31 December 2007, 350,000 restricted share units granted for nilconsideration in November 2005 to David Reading, Chief Executive Officer of theCompany, under the Company's Restricted Share Unit Plan were redeemed for nilconsideration into an equal number of Common Shares of the Company, from whichthe Company withheld 140,000 shares for tax purposes. As a result, David Readingnow holds, or exercises control or direction over, 635,775 Common Shares of theCompany representing 0.35% of the issued share capital of the Company. Furtherto this redemption, David Reading does not hold any more restricted share units. The Company currently has 179,162,381 Common Shares outstanding. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
EGU.L