LONDON MINING - EXECUTIVE DIRECTOR PURCHASE OF COMMON SHARES
23.09.2011 | Globenewswire Europe
London Mining announces that Luciano Ramos (COO and executive director of the Company) notified the Company on 22 September 2011, that he had purchased 50,000 ordinary shares in the Company on the AIM market of the London Stock Exchange at 343 pence per share. Following this transaction, Luciano Ramos holds 759,667 ordinary shares in the Company. Mr Ramos also holds options over 2,000,000 ordinary shares in the Company pursuant to the Share Option Plan.The Company's website can be found at:www.londonmining.co.uk
About London Mining
London Mining is focused on identifying, developing and operating scaleable mines to become a mid-tier supplier to the global steel industry. London Mining is developing three iron ore mines in Sierra Leone, Saudi Arabia and Greenland as well as an early stage coking coal project in Colombia. All London Mining's assets have deliverable production with potential for expansion. The Company is currently listed on the AIM in London and Oslo Axess and trades under the symbols LOND.L and LOND.NO (Reuters) and LOND LN and LOND NO (Bloomberg). The Company's shares will be delisted from Oslo Axess on 3 October 2011.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For more information, please contact:
London Mining Plc +44 207 408 7500
Thomas Credland, Head of Investor Relations
Brunswick Group LLP +44 207 404 5959
Carole Cable / Daniel Thöle
Crux Kommunikasjon AS +47 97 56 19 59
Charlotte Knudsen
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Source: London Mining Plc via Thomson Reuters ONE
Unternehmen: London Mining Plc - ISIN: GB00B1VZK334
[HUG#1549211]