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Issue of Equity

18th Jun 2009 14:16

RNS Number : 1339U
Landore Resources Limited
18 June 2009
 



Landore Resources Limited 

('Landore' or the 'Company')

Exercise of Options

The Company announces that, following the exercise of share options application has been made for the admission of 850,000 ordinary shares of 1p each in the Company ("New Ordinary Shares") to trading on AIM. The New Ordinary Shares will rank pari passu with existing ordinary shares and it is expected that admission will occur at 8.00 a.m. on 24 June 2009.

The following options were exercised by Directors: 

Director

Options exercised

Ordinary shares held following exercise

%

Richard Prickett

100,000

5,732,524

3.15

Following admission of the New Ordinary Shares, the total number of voting rights in the Company's ordinary shares will be 182,049,323.

Enquiries:

Bill Humphries / Richard Prickett

Landore Resources Limited 

Tel: 07734 681262 

Tel: 07775 651421

Angela Peace

Strand Partners Limited

Tel: 020 7409 3494

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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