Director Shareholding
17 Abril 2003 - 9:19AM
UK Regulatory
RNS Number:1771K
BNB Resources PLC
17 April 2003
FOR IMMEDIATE RELEASE 17 April 2003
BNB Resources PLC
("BNB" or "the Company")
Purchase of shares by Directors
The Company was notified on 16 April 2003 that on that date certain of the
directors of the Company and parties connected with them and Simon Grinstead,
consultant, have acquired, in aggregate, 212,500 ordinary shares of 5 pence each
in the capital of the Company ('Ordinary Shares'), representing 0.28 per cent.
of the issued share capital, each at a price of 11.05 pence per share. The
individual purchases by directors and advisers and parties connected with them
and their resultant holdings are as follows :
Number of Total holding Percentage of Number of
shares issued share warrants
capital
Doug Bugie 42,500 1,238,576 1.60 -
Paul Turner 42,500 183,270 0.24 -
Montelle Properties Limited 42,500 16,789,748 21.73 386,101
John Redwood 42,500 42,500 0.05 -
Simon Grinstead 42,500 1,779,841 2.30 2,000,000
The interests of the members of the Concert Party following the above purchases are as follows :
Member of the Concert Party Number of ordinary Percentage of issued share Number of Warrants
shares capital
Perry Sub-concert Party
Xanthus Limited 16,278,943 21.06 222,076
Round Enterprises Limited 15,128,240 19.58 199,218
31,407,183 40.64 421,294
Montelle Sub-concert Party
Montelle 16,789,748 21.73 386,101
Madison Trust 528,456 0.68 13,649
The & Trust 3,421,443 4.43 57,068
Brian Myerson 69,914 0.09 -
Julian Treger, Director 69,914 0.09 -
20,879,475 27.02 456,818
Pension Plans 555,738 0.72 -
Total 52,842,396 68.37 878,112
Brian Myerson has a possible beneficial interest in Madison Trust, Julian Treger
has a possible beneficial interest in Montelle Properties Limited and Roderick
MacLeod has an indirect controlling interest in Xanthus Limited.
17 April 2003
Press enquiries:
Paul Turner, Group Finance Director
BNB Resources PLC 020 7634 1073
Jonathan Nelson
Shore Capital 020 7408 4090
DEFINITIONS
'Pension Plans' BNB Resources Pension Trustees Limited and The BNB
Resources Performance Share Plan
'Warrants' warrants to subscribe for new Ordinary Shares
This information is provided by RNS
The company news service from the London Stock Exchange
END
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