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Peter Hambro Mining (POG)

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Wednesday 01 July, 2009

Peter Hambro Mining

Director Dealing

RNS Number : 9414U
Peter Hambro Mining PLC
01 July 2009
 



1st July 2009

PETER HAMBRO MINING PLC

DIRECTOR DEALINGS


Peter Hambro Mining plc ("PHM" or "the Company") has been advised by Philotus Holdings Limited ("Philotus"), a company associated with Peter Hambro and Pavel Maslovskiy, that due to the successful merger of PHM and Aricom plc ("Aricom"), the 90,000,000 ordinary shares in Aricom, which were charged as security for Philotus' contractual obligations (a regulatory announcement to this extent was issued by Aricom on 14 January 2009), were exchanged for 5,625,000 ordinary shares in PHM.  

Consequently, as continuing security for Philotus' contractual obligations, on 29 June 2009 Philotus has executed a charge over 5,625,000 ordinary shares in PHM, which replaces the previous charge over 90,000,000 ordinary shares in Aricom.


Enquiries:


Peter Hambro Mining Plc
Alya Samokhvalova 
Charles Gordon

Rachel Tuft


+44 (0) 20 7201 8900

Merlin

David Simonson 

Tom Randell 


+44 (0) 20 7653 6620

JPMorgan Cazenove

Patrick Magee

Joe Seifert

 +44 (0) 20 7155 2828




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