24th May 2012 07:00
24thMay 2012
GCM Resources plc
(AIM:GCM)
Share Issue - Directors' Share Dealing
A portion of the fees payable for the services of Mr Greg James and Mr David Weill, both non-executive directors of GCM Resources plc (GCM), are settled by the issue of shares as disclosed on 25th August 2009, 21st July 2011 and 20th April 2012.
Consequently, GCM has today allotted 15,000 ordinary shares to the company through which Mr Greg James provides services to GCM and in which he is beneficially interested. Following this allotment he has a beneficial interest in 60,000 ordinary shares in GCM.
Similarly, GCM has allotted 6,250 ordinary shares to the company through which Mr David Weill provides services to GCM and in which he is beneficially interested. Following this allotment he has a beneficial interest in 93,500 ordinary shares in GCM.
Application has been made to The London Stock Exchange for these shares to be admitted to AIM. It is expected that admission will become effective at 8.00 a.m. on 25th May 2012.
For further information:
GCM Resources plc Gerard Holden Non-Executive Chairman +44 (0) 20 7290 1630
Graham Taggart Finance Director +44 (0) 20 7290 1630
| Pelham Bell Pottinger Lorna Spears / Joanna Boon +44 (0) 20 7861 3232
|
J.P. Morgan Cazenove Nominated Adviser Michael Wentworth-Stanley +44 (0) 207588 2828 | Evolution Securities Chris Sim +44 (0) 20 7071 4300
|
GCM Resources plc | |
Tel: +44 (0) 20 7290 1630, Fax: +44 (0) 20 7290 1631 | |
[email protected]; www.gcmplc.com |
Related Shares:
GCM Resources