30th Jun 2008 10:56
For immediate release 30 June 2008
ALLIED GOLD LIMITED ("ALLIED" OR "THE COMPANY")
ISSUE OF EQUITY & DIRECTORS DEALINGS
The Company announces that a total of 600,000 Fully Paid Ordinary Shares were issued today to a director of the Company, Mr Mark Caruso, pursuant to an exercise of options at $0.45 per share. The Shares will rank, pari passu, with all existing ordinary shares, and trading of the Shares on AIM is expected to commence on 4 July 2008.
Following the exercise of options, Mr Caruso holds 5,577,693 ordinary shares held both directly and indirectly in the Company representing a holding of 1.48% of the Company's issued share capital. Mr Caruso also holds 3,400,000 Unlisted Options exercisable at $0.45 on or before 31 December 2009.
This brings the total shares on issue to 377,005,725 and total Options over Ordinary Shares to 16,703,261 approximately 4.43% of the issued share capital.
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