Directors' Interests

 

TIDMAFD 
 
RNS Number : 9565K 
African Diamonds PLC 
28 April 2010 
 

African Diamonds PLC 
Placing of New Shares 
 
As previously announced, three directors and families have taken up 2,500,000 
new shares in African Diamonds plc at the placing price of 40p. John Teeling and 
family have taken 1.5 million shares, Jim Finn 500,000 and David Horgan 500,000 
new shares. 
 
Following the placing, the directors' interests are as follows: 
 
No of shares                Percentage                 No of shares 
  Percentage 
                        before placing             before placing 
following placing          following placing 
 
John Teeling      3,295,820                      4.32 
  4,045,820                      4.03 
David Horgan     2,795,720                      3.67 
 3,295,720                      3.28 
James Finn        2,795,820                      3.67 
  3,295,820                      3.28 
 
The shares will be admitted for trading on AIM on the 30th April 2010. 
 
At 30th April 2010, the Company's issued share capital will consist of 
100,357,266 ordinary shares of 1p each and the number of voting rights will be 
100,357,266.  This figure may be used by shareholders as the denominator for the 
calculations by which they will determine if they are required to notify their 
interest in, or a change to their interest in, the Company under the Disclosure 
and Transparency Rules. 
 
John Teeling, Chairman, commented: 
"We believe in AK6. It is as simple as that." 
 
This release has been approved by Alex van Zyl, Technical Director African 
Diamonds.   Alex van Zyl (B.Sc. Stellenbosch, B.Sc. Hons. Pretoria) spent a long 
career in Anglo American in the diamond division, ending up 1990 to 1997 with 
worldwide responsibility for diamond exploration and evaluation. He was a 
consultant to De Beers from 1997 to 2002. 
 
                                                                28th April 2010 
 
Further information: 
African Diamonds Plc 
John Teeling                                               Tel: [phone] 
James AH Campbell                                     Tel: [phone] 
 
Finn Cap 
Matthew Robinson, Corporate Finance           Tel: [phone] 
Henrik Persson, Corporate Finance 
Joanna Weaving, Corporate Broking 
 
College Hill 
Nick Elwes                                                   Tel: +44 (0) 20 
7457 2020 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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