![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Neptune Min | LSE:NPM | London | Ordinary Share | GB00B0LHS387 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.125 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Issue of Equity 1 August 2008 NEPTUNE MINERALS PLC ("Neptune" or the "Company") Issue of equity The Company announces that the Phase Two Milestone has been reached in terms of the Performance Shares issued to management in accordance with the Executive Incentive Plan. The Phase Two Milestone Performance Condition is satisfied upon completion of an independent technical study (Scoping Study Result was announced on 1 May 2008), commissioned by the Company, demonstrating to the satisfaction of the Board, that the mining and lifting of ore to the sea surface can be achieved. As a result of the achievement of the Phase Two Milestone, a total of 653,750 performance shares for Directors, Simon McDonald and John Feenan and for Exploration Manager, Justin Baulch (individually 201,250 performance shares each) and Chandra Wijeratne (50,000 performance shares) have been converted to ordinary shares. Following receipt of conversion notices on 24 July 2008, the Company has on 30 July 2008 issued and allotted 653,750 ordinary shares of 0.5p to the aforementioned recipients. Following the issue of these shares, the Company will have 66,767,863 ordinary shares in issue. Application has been made for these new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on 7 August 2008. Following the conversion of the above performance shares, Simon McDonald and John Feenan will have the following interests in the Company: Director Ordinary % of share Performance Options Shares capital Shares Simon 8,310,000 13.05% 402,500 700,000 Options are McDonald Ordinary convertible exercisable at 35 Shares (Held performance pence with a first by Ismacate shares exercise date of 17 Pty Ltd) and October 2008 and an 402,500 held expiry date of 17 directly. October 2012 John Feenan 4,362,751 7.14% 402,500 609,000 Options are Ordinary convertible exercisable at 35 Shares (Held performance pence with a first by JPF Energy shares exercise date of 17 Pty Limited) October 2008 and an and 402,500 expiry date of 17 held directly. October 2012 For further information please contact: Simon McDonald (Neptune MD and CEO): T: +61 (0) 2 9957 5244 By email to the Company info@nepmins.com Richard Hail (Fox Davies Capital Limited, T: +44 (0) 20 7936 5230 Broker): Fiona Owen (Grant Thornton UK LLP, Nomad): T: +44 (0) 20 7383 5100 Rozanne Ichikowitz (Grant Thornton, Sydney): T: +61 (0) 2 8297 2522 Nadja Vetter/Sofia Rehman/Matthew Law (Cardew T: +44 (0) 20 7930 0777 Group, PR): T: +44 (0) 7941 340 436 - ---END OF MESSAGE---
1 Year Neptune Minerals Chart |
1 Month Neptune Minerals Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions