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Peter Hambro Mining (POG)

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Friday 28 November, 2008

Peter Hambro Mining

Director's Dealings

RNS Number : 2009J
Peter Hambro Mining PLC
28 November 2008
 




28 November 2008




Director's Dealings


Peter Hambro Mining PLC announces that it has been informed by Mr. Peter Hambro, Executive Chairman, and Dr. Pavel Maslovskiy, Deputy Chairman that, on 27th November 2008, companies associated with them purchased USD 4,000,000 nominal of the Company's 7.125 per cent. Guaranteed Convertible Bonds due 2010 ("the Bonds") at a price of USD 58.00 inclusive of accrued interest. 

During the course of the last week, Peter Hambro, Pavel Maslovskiy, their associated companies and the managers of Peter Hambro's pension fund have, in aggregate, purchased USD 14,400,000 nominal of the Bonds.

The purchase does not affect the current equity shareholding of Peter Hambro and his associates in the Company, which remains at 5,283,179 shares, representing 6.51% of the issued share capital of the Company nor of Dr. Pavel Maslovskiy and his associates which remains at 14,960,787 shares representing 18.43% of the issued share capital.


Enquiries:


Peter Hambro Mining Plc

Alya Samokhvalova 


JPMorgan Cazenove

Ian Hannam / Patrick Magee  

+44 (0) 20 7201 8900


 

+44 (0) 20 7155 2828


Merlin

David Simonson / Tom Randell / Maria Suleymanova


+44 (0) 20 7653 6620



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