Issue of Equity

RNS Number : 2992V

Equatorial Mining & Exploration PLC

24 October 2014

 



Equatorial Mining & Exploration Plc

Exercise of options

Equatorial Mining & Exploration Plc (''EME or the Company'') announces the exercise of share options granted to the directors under the Company's recent company share option plan. 

As a result of the exercise of the share options the following shares have been issued at a price of £0.0001 per share:-

Director	Shares issued	Consideration
Nicholas Nelson	164,490,000	£16,449
Alyn Evans	115,000,000	£11,500
Shane Moloney	71,250,000	£7,125

The Company now has a total of 2,492,406,671 ordinary shares of £0.0001 in issue.

The Directors have the following interests in the Company:-

Director	Total shares held	Percentage of issued share capital
Nicholas Nelson	239,490,000	9.61%
Alyn Evans	115,000,000	4.61%
Shane Moloney	146,250,000	5.99%

24th October 2014

Enquiries:

ISDX Adviser - Alfred Henry Corporate Finance Ltd. Jon Isaacs

[phone] [e-mail]

The Directors take responsibility for this announcement.

 

END

 

 

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