Replacement - Director dealing

RNS Number : 2470X

BlueRock Diamonds PLC

04 May 2016

BlueRock Diamonds plc

("BlueRock" or "the Company")

4 May 2016

Replacement - Director dealing

This announcement replaces the "Director dealing" announcement released on 3 May 2016 with RNS number 1095X.

The announcement erroneously stated the amount of Mr Tim Leslie's interest in the share capital of the Company. The full amended text of the announcement appears below and all other information remains unchanged.

BlueRock Diamonds plc

("BlueRock" or "the Company")

3 May 2016

Following the announcement of the Placing on 28 April 2016 ("the Placing") BlueRock Diamonds plc, the AIM listed diamond mining company which owns and operates the Kareevlei mine in South Africa is pleased to announce that Tim Leslie confirmed on 30 April 2016 to accept his allocation of 1,036,363 ordinary shares of 1 pence each in in the Placing. Tim Leslie's allocation had been underwritten by another shareholder in the event that he was unable to complete his documentation by 30 April 2016.

The Company confirms that the binding commitment that Paul Beck and Adam Waugh entered into to underwrite the potential participation in the Placing was not met as the investor was able to complete the documentation for their participation in the Placing in time.

Following completion of the Placing, Mr Leslie will have a beneficial interest in a total of 6,322,077 Ordinary Shares, representing 16.29% of the issued ordinary share capital of the Company. 5,322,077 Ordinary Shares are held in Tim Leslie's own name and 1,000,000 Ordinary Shares are held in the name of his wife, Sarah Leslie.

Following settlement of the Placing by BlueRock to raise £700,000 and the granting of options to Adam Waugh at the Placing price, announced on 28 April 2016, and the acquisition of Ordinary Shares described above, the interests of the Directors in the Ordinary Share capital of the Company and details of the share options held by them will be as follows:

Directors' Shareholdings

Director	Total Number of Ordinary Shares	Holding (%)
Tim Leslie	6,322,077	16.29	Mr Leslie holds 5,322,077 Ordinary Shares and his wife, Sarah Leslie, holds 1,000,000 Ordinary Shares
Paul Beck	1,967,898	5.07	Mr Beck holds 1,512,443 Ordinary Shares and Front Square Securities Limited holds 455,455 Ordinary Shares. Mr Beck and his wide own 100% of the share capital in Front Square Securities Limited of which Mr Beck is also a director.
Riaan Visser	830,500	2.14
Andre Markgraaff	700,000	1.80
John Kilham	400,000	1.03	400,000 Ordinary Shares are held for Mr Kilham and his wife by Henderson Rowe.
Adam Waugh	227,273	0.59

Directors' Share Options

Director	Total Number of Ordinary Shares subject to Share Options	Tranche 1		Tranche 2		Tranche 3		Tranche 4
Director	Total Number of Ordinary Shares subject to Share Options	Number	Exercise Price (pence)	Number	Exercise Price (pence)	Number	Exercise Price (pence)	Number	Exercise Price (pence)
P. Beck	315,251	-	-	157,625	40	157,626	55	-	-
J. Kilham	472,876	157,625	14	157,625	22	157,626	40	-	-
T. Leslie	472,876	157,625	18	157,625	40	157,626	55	-	-
A. Markgraaff	372,876	57,625	18	157,625	40	157,626	55	-	-
R. Visser	1,261,002	-	-	630,501	22	630,501	40	-	-
A. Waugh	776,091							776,091	11
Total	3,670,972	372,875	-	1,261,001	-	1,261,005	-	776,091	-