Share Issue - Director's Share Dealing

RNS Number : 1252H
GCM Resources PLC
24 May 2011
 



24th May 2011

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 3,750 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 36,250 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 May 2011.

 

 

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

Charles Vivian

+44 (0)20 7861 3126

 

 

 

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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