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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Amedeo Res | LSE:AMED | London | Ordinary Share | GB00BZ0XVY42 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.50 | 2.00 | 5.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAMED
RNS Number : 0931I
Amedeo Resources PLC
20 March 2015
Amedeo Resources Plc
("the Company")
Director Dealings
The Company announces that on 19 March, Zafarullah Karim purchased existing warrants from a third party to subscribe for new ordinary shares of 0.01p in the Company ("Ordinary Shares") for a consideration of GBP20,000 in cash as set out below ("Warrants").
Number of Warrants Exercise Price Expiration Date ------------------- --------------- ---------------- 33,315,774 1.0p 31 Jan 2025 ------------------- --------------- ----------------
The Warrants, which are transferrable, can be exercised at 1.0p only after certain share price performance conditions have been met and certain time periods have elapsed.
In addition to the 109,544,785 warrants held by Zafarullah Karim, the purchase takes Mr Karim's warrant position to 142,860,559 warrants, representing 3.7% of the fully diluted outstanding ordinary shares of the Company.
ENDS
For further information please visit www.amedeoresources.com or contact:
Enquiries:
Glen Lau Zafar Karim Chief Executive Officer Executive Director Amedeo Resources Plc Amedeo Resources Plc Tel office: +44 20 7583 8304 Tel office: +44 20 7583 8304 Paul Shackleton /Andrew Kitchingman Saif Janjua Nominated Adviser & Broker Joint Broker WH Ireland Beaufort Securities Limited Tel office: +44 113 394 6600 Tel office: +44 20 7382 8300
Notes
Amedeo Resources plc is an investment company whose policy is to invest principally, but not exclusively, in the resources and resources infrastructure and asset sectors. Amedeo has a deep and broad global network and wide contact base in these sectors, including in East and South East Asia and the Middle East which it leverages to source and make investments. These sectors exhibit high growth and are strategically important. Amedeo is a proactive investor which assists its investee companies to grow by providing investment, expertise and contacts.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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