Director/PDMR Shareholding

RNS Number : 0641Y
GCM Resources PLC
24 February 2012
 



24th February 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 and 21st July 2011, their respective dates of appointment.

 

Consequently, GCM has today allotted 1,250 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 45,000 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 18,750 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 28th February 2012.

 

 

For further information:

GCM Resources plc

Steve Bywater

Chief Executive

 +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) 20 7588 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


info@gcmplc.com; www.gcmplc.com


 


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