Director's Dealing - 17 February 2012
Starvest plc ('Starvest' or the 'Company'), the provider of finance to fledgling businesses with a focus on mineral exploration and development, announces that it received notification on 17 February 2012, that Mrs Phung Scutt, wife of the director Anthony C R Scutt, sold 125,000 Ordinary shares in the Company on 16 February 2012 at a price of 9.5 pence per share.
As a result of this sale, the directors' interests in the Ordinary Shares of the Company are as follows:
Shares now held | Percentage of issued ordinary share capital | |
Ronald Bruce Rowan | 10,170,000 | 27.40% |
Anthony Charles Raby Scutt | 235,000 | 0.63% |
John Watkins | 1,235,000 | 3.33% |
In addition to their interests in the Ordinary Share Capital of the Company stated above, the Directors remain interested in the following options to subscribe for the Company's Ordinary Shares:
Options outstanding | Exercise price | |
Ronald Bruce Rowan | 1,750,000 | 15 pence |
Anthony Charles Raby Scutt | 350,000 | 15 pence |
John Watkins | 300,000 | 5 pence |
John Watkins | 100,000 | 6 pence |
John Watkins | 875,000 | 15 pence |
Enquiries to:
Bruce Rowan, Chairman 020 7486 3997 or John Watkins, Finance Director 07768 512404; john@starvest.co.uk
Gerry Beaney, Colin Aaronson or David Hignell, Grant Thornton Corporate Finance 020 7383 5100