Option Exercise and Director'

RNS Number : 5633J

Regency Mines PLC

31 March 2010

 



Regency Mines PLC

Option Exercise and Director's Dealing

31 March 2010

Regency Mines PLC ("Regency" or the "Company") announces that John Watkins, a director of the Company, has today exercised 500,000 options to subscribe for ordinary shares in the Company at a price of 1 pence per share ("New Ordinary Shares").

Following this exercise, Mr. Watkins will be interested in 1,150,000 ordinary shares in the Company. This holding will represent 0.28 per cent. of the Company's issued ordinary share capital, as enlarged by the option exercise.

Application will been made for the New Ordinary Shares, which will rank pari passu with the Company's existing issued ordinary share capital, to be admitted to trading on AIM. It is expected that the admission of the New Ordinary Shares to trading on AIM will occur on 19 April 2010.

Following the issue and allotment of the new Ordinary Shares, the Company will have 409,256,777 ordinary shares in issue.

For further information contact:

Andrew Bell	0207 402 4580  07766 474849	Regency Mines plc	Chairman
Peter Trevelyan-Clark/Ben Jeynes	020 7444 0800	Religare Capital Markets	Nominated Adviser
Nick Emerson	01483 413500	Simple Investments Ltd	Broker
Ron Marshman	020 7011 9411	Lothbury Financial Ltd	Public Relations

Updates on the Company's activities are regularly posted on its website www.regency-mines.com.

 

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