20th Mar 2007 17:59
Tanzanite One Limited20 March 2007 Tanzanite One Limited(TanzaniteOne or Company) 20 March 2007 Change in director's interest and exercise of options Tanzanite One advise that director Mr. Mark Summers has sold 163,386 shares inthe Company to fund the exercise of 205,462 options into Tanzanite One shares.Following completion of the above, their respective shareholdings in the Companywill be as outlined below. Mr Mark Summers director will increase his interests in Tanzanite One Limitedheld indirectly via Tanzanite One (SA) Ltd from 217,333 to 259,409 shares. Theincrease reflects 205,462 new shares to be issued following the exercise of205,462 unlisted options and a sale of 163,386 shares to provide funding for theexercise of the options. Details of these transactions are set out below: No. of options Exercise Shares Sale Resultant % issuedDirector exercised price sold price shareholding classMark Summers 205,462 48.6p 163,386 78p 259,409 0.3 Application will be made for 205,462 new common shares to be admitted to tradingon the AIM Market of London Stock Exchange plc following the exercise of theseoptions, and the exercise of an additional 666,719 options by employees of theCompany. The 872,181 new common shares issued will rank pari passu with existing commonshares. Application will be made for these new common shares to be admitted totrading on the AIM Market of London Stock Exchange plc. Following the above there will be 73,518,167 common shares on issue. For further information, please contact: Tanzanite One Limited In United Kingdom:Willi Boehm, Company Secretary Conduit PR+61 409969955 Leesa Peters +44 20 7936 9095 In South Africa:Tanzanite One (SA) LimitedMark Summers, Chief Financial OfficerTanzanite One SA Ltd+27 11 2141000 or visit: www.tanzaniteone.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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