Landore Resources Limited
('Landore' or the 'Company')
Exercise of Options
The Company announces that, following the exercise of share options application has been made for the admission of 850,000 ordinary shares of 1p each in the Company ('New Ordinary Shares') to trading on AIM. The New Ordinary Shares will rank pari passu with existing ordinary shares and it is expected that admission will occur at 8.00 a.m. on 24 June 2009.
The following options were exercised by Directors:
Director |
Options exercised |
Ordinary shares held following exercise |
% |
Richard Prickett |
100,000 |
5,732,524 |
3.15 |
Following admission of the New Ordinary Shares, the total number of voting rights in the Company's ordinary shares will be 182,049,323.
Enquiries:
Bill Humphries / Richard Prickett
Landore Resources Limited
Tel: 07734 681262
Tel: 07775 651421
Angela Peace
Strand Partners Limited
Tel: 020 7409 3494