17th Nov 2009 07:00
17 November 2009
CHURCHILL MINING PLC
("Churchill" or "the Company")
Exercise of Options and Total Voting Rights
Churchill Mining Plc announces that application has been made for 3,000,000 new ordinary shares of 1 penny each to be admitted to trading on AIM pursuant to the exercise of Options as follows:
Name of Option Holder No. of Options exercised Total exercise price
Pala Investment Holdings Limited 600,000 (20p) £120,000
Pala Investment Holdings Limited 2,400,000 (12p) £288,000
The new ordinary shares will rank pari passu with the Company's existing ordinary shares and trading is expected to commence on 18 November 2009.
In accordance with the FSA's Disclosure and Transparency Rules, we would like to notify the market of the following:
Churchill Mining Plc's capital consists of 80,438,514 ordinary shares with voting rights
Churchill Mining Plc does not hold any ordinary shares in Treasury
Therefore, the total number of voting rights in Churchill Mining Plc is 80,438,514.
The above figure of 80,438,514 may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Churchill Mining Plc under the FSA's Disclosure and Transparency Rules.
Churchill Mining is not subject to the City Code on Takeovers and Mergers.
END
For further information, please contact:
|
Churchill Mining Plc Managing Director - Paul G. Mazak +62 81510539186 / + 62 21 39832398 |
Astaire Securities Shane Gallwey / Toby Gibbs
+44(0)20 7448 4400 |
Pelham PR James MacFarlane / Charles Vivian +44 (0) 20 7337 1533 or +44 (0) 7894462114 |
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