17th Mar 2011 07:00
17 March 2011
Triple Plate Junction Plc
("TPJ" or the "Company")
Issue of Equity and Directors' Interests
Further to the announcement of 19 January 2011, the board of TPJ, the AIM-listed gold exploration company focused on South East Asia, today announces that it has issued an aggregate amount of 2,731,091 new ordinary shares in the Company ("Salary Shares") to existing directors Tony Shearer and Chris Goss, to former director Terry Cross and to former director and current advisory board member Patrick Gorman in lieu of receipt of some of their salary or fees for the financial year ended 31 March 2011.
The table below sets out the number of shares received by each director and former director and the number of shares that will be payable in July 2011, as well as their resultant holdings in the Company.
Director | "Salary Shares" to March 2011 | Percentage Holding in subsequently enlarged share capital | "Salary Shares" from April to June 2011 | Total Shares Held after June 2011 | Percentage Holding in subsequently enlarged share capital |
Tony Shearer | 500,000 | 0.17% | 100,000 | 600,000 | 0.20% |
Patrick Gorman | 500,000 | 0.17% | 100,000 | 600,000 | 0.20% |
Chris Goss | 459,091 | 0.15% | 140,909 | 600,000 | 0.20% |
Terry Cross | 1,272,000 | 0.43% | 0 | 1,272,000 | 0.43% |
Application has been made to AIM for admission of the Salary Shares which is expected to occur, and dealings to commence, at 8.00 a.m. on 22 March 2011. Following admission of the Salary Shares the Company will have 297,065,401 ordinary shares in issue.
For further information, please contact:
Triple Plate Junction Plc +44 (0) 7776 693237
Fraser McGee
Daniel Stewart & Company plc +44 (0) 20 7776 6550
Antony Legge / Oliver Rigby
Financial Dynamics +44 (0) 20 7831 3113
Ben Brewerton / Oliver Winters
This announcement is also available on the Company's web site: www.tpjunction.com
Related Shares:
Tethyan Resources