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CHL - Churchill Mining News Story

37.75p 0.0  0.0%

Last Trade - 05/12/16

Sector
Energy
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 1826

Director/PDMR Shareholding

Tue 24th May, 2011 1:25pm
RNS Number : 1937H
Churchill Mining plc
24 May 2011
 



CHURCHILL MINING PLC

("Churchill" or "the Company")

Exercise of Options by Directors and related entities

 

The Company was informed today that Mr David Quinlivan, Chairman of the Company, has exercised 650,000 options over ordinary shares in the Company. The Options comprise 650,000 options with a strike price of GBP0.35 that expire on 23 May 2011.

 

Following this exercise David Quinlivan remains beneficially interested in 1,454,092 ordinary shares representing 1.45% of the ordinary share capital and the following options over ordinary shares in the Company:

 

Number of

options

Option exercise

price

Expiry date

1,200,000

12p

28 Mar 2012

450,000

75p

09 May 2013

 

The Company was also informed today that Pala Investment Holdings Limited has exercised 359,086 options over ordinary shares in the Company. Mr Jan Castro is the Managing Director of Pala Investments AG who is the exclusive advisor to Pala Investment Holdings Limited.

 

The Options comprise 359,086 options with a strike price of GBP0.35 that expire on 23 May 2011. Following this exercise Pala Investment Holdings Limited remains beneficially interested in 31,492,388 ordinary shares representing 31.42% of the ordinary share capital in the Company.

 

END

For further information, please contact:

Churchill Mining Plc

David F Quinlivan

Executive Chairman

 

+ 61 8 6382 3737

 

Northland Capital Partners Limited

Shane Gallwey /

Luke Cairns

 

+44(0)20 7796 8800

 

 

Tavistock PR

Paul Youens /

Jos Simson

 

+44(0)20 7920 3150

pyouens@tavistock.co.uk

 


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