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Statement re Directors' Dealings

18th Feb 2014 13:55

RNS Number : 3485A
Amerisur Resources PLC
18 February 2014
 



18 February 2014

 

Amerisur Resources Plc ("Amerisur" or the "Company")

 

Statement re Directors' Dealings

 

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, announces that it has issued a total of 5,000,000 new ordinary shares of 0.1p each ("New Shares") pursuant to the exercise of options by a director as follows:

 

5,000,000 options at 11.05p each by Tracarta Limited, in which John Wardle has a beneficial interest.

 

Application has been made for admission of the New Shares to trading on AIM and dealings are expected to commence on 24 February 2014. Following admission of the new shares the number of ordinary shares in issue will be 1,062,094,031.

 

Furthermore, the Company was notified on 18 February 2014 that Tracarta Limited sold 2,670,000 shares at an average price of 54.78p each, to cover the exercise costs on the options in the Company's shares and other commitments.

 

As a result of the exercise of options and the sale of some shares, Tracarta Limited's holding has increased to 19,724,505 Amerisur shares, representing 1.86% of the enlarged share capital, in addition to 10,000,000 remaining options.

 

 

ENDS

 

ENQUIRIES:

 

Ben Brewerton/Natalia Erikssen

Tel: +44 (0)207 831 3113

FTI Consulting

 

Stephen Foss/Daniel Conti

Tel: +44 (0)207 653 4000

RBC Capital Markets

 

Investec

Chris Sim / Ben Colegrave

Tel: +44 (0)207 597 4000

 

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