6th May 2011 13:09
Firestone Diamonds plc
Exercise of Options
LONDON: 6 May, 2011
Firestone Diamonds plc, ("Firestone"), the AIM-quoted diamond mining and exploration company (ticker: AIM:FDI), announces that pursuant to the acquisition of Kopane Diamond Developments ("Kopane") in September 2010, 814,975 ordinary shares of 20 pence each in Firestone have been issued to former employees of Kopane in accordance with the terms of the Kopane Share Option Scheme. These shares will rank pari passu with the Company's existing ordinary shares.
Application has been made for these shares to be admitted to AIM and dealings are expected to commence on AIM on 12 May 2011.
Following admission of these shares to AIM the total issued share capital of the Company will be 323,964,111 ordinary shares.
Further enquiries
For further information, visit the Company's web site at www.firestonediamonds.com or contact:
Philip Kenny, Chairman, Firestone Diamonds Tim Wilkes, CEO, Firestone Diamonds
| +44 20 8834 1028/+44 7831 324 645 +27 78 457 6623/+267 713 77686 |
Tim Redfern, Evolution Securities (Joint Broker)
| +44 20 7071 4312 |
Rory Scott, Mirabaud Securities (Joint Broker)
| +44 20 7878 3360 |
Alexander Dewar, Brewin Dolphin (Nominated Adviser)
| +44 131 529 0276 |
Jos Simson / Emily Fenton, Tavistock Communications
| +44 20 7920 3150/+44 7899 870 450 |
Related Shares:
FDI.L