Starvest plc : Director/PDMR Shareholding

Starvest plc : Director/PDMR Shareholding

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




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Starvest plc via Thomson Reuters ONE

HUG#1587157

Companies

Starvest (SVE)
UK 100

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