12th Oct 2006 07:01
Central African Gold PLC12 October 2006 12 October 2006 Central African Gold plc ("CAG" or "the Company") Exercise of Share Options The Company has issued 5,000,000 new ordinary shares of 0.1p each pursuant tothe exercise of options held by Andrew Groves on 26 September 2006. Andrew Groves was formerly a Director of CAG and resigned from the boardeffective 30 June 2006. Under the terms of the options granted to Mr Groveswhilst a director of the Company, Mr Groves had a period of 3 months followingresignation from the Board within which to exercise such options. Following this announcement, Mr Groves's interest in the issued share capital ofthe Company (prior to the placing announced on 29 September 2006) is as follows: % of issued ordinary shares capitalNumber of Shares 18,700,000 6.9Number of Warrants 15,000,000 Application has been made for the new ordinary shares to be admitted to tradingon AIM. Admission is expected to be effective on 16 October 2006. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Canal+