11th Dec 2007 07:00
Dwyka Resources Limited11 December 2007 Dwyka Resources Limited ('Dwyka' or the 'Company') Issue of shares under the Dwyka Resources Share Plan The company announces that in accordance with the shareholder approval receivedon 30 November 2007, it has today issued 850,000 shares under the terms of theDwyka Resources Share Plan to employees of the Company. The shares issued today under the terms of the Dwyka Resources Share Plan maynot be sold or otherwise dealt with until the later to occur of the following: (a) the loan in respect of those shares has been repaid in full; and (b) in respect of: (i) one half of the shares issued, 12 months after the date of the issueof the shares (11 December 2008); (ii) the remaining half of the shares issued, 24 months after the date ofthe issue of the shares (11 December 2009). Application has now been made to the AIM market of the London Stock Exchange ('AIM') for 850,000 Shares to be admitted to trading on AIM ('Admission').Admission is expected to occur at 8.00am on 17 December 2007. Following this issue, Dwyka now has 131,344,206 Shares in issue. Enquiries: In Australia Mike Langoulant Dwyka Resources Limited (+618) 9324 2955 In the United Kingdom Richard Brown Ambrian Partners Limited (+44) 20 7776 6417 Charlie Geller/Leesa Peters Conduit PR (+44) 20 7429 6604 or (+44) 7970 067 320 or visit http://www.dwyresources.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Nyota Minerals