Share Issue - Director's Shar

RNS Number : 5963H

GCM Resources PLC

24 February 2010

 



Date: 24 February 2010

GCM RESOURCES PLC

(AIM: GCM)

SHARE ISSUE - DIRECTOR'S SHARE DEALING

As disclosed on his appointment, a portion of the fees payable for the services of Mr Greg James, a non-executive director of GCM Resources plc (GCM), is to be settled by the issue of shares.  Consequently, GCM has today allotted 6,250 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 12,500 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 25 February 2010. 

For further information:

GCM Resources plc Steve Bywater Chief Executive  [phone] Graham Taggart Finance Director [phone]	Pelham Bell Pottinger Charles Vivian 44 (0)207 337 1538 Klara Kaczmarek [phone]
J.P. Morgan Cazenove Nominated Adviser Michael Wentworth-Stanley Mark Hankinson [phone]

GCM Resources plc
Tel: [phone], Fax: [phone]
[e-mail]; www.gcmplc.com

 

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