Director/PDMR Shareholding (1559B)
11 Abril 2012 - 10:16AM
UK Regulatory
TIDMREG
RNS Number : 1559B
Rare Earths Global Limited
11 April 2012
Rare Earths Global Limited
("Rare Earths Global" or the "Company")
Director/PDMR Shareholding
The Company announces that Ivor Shrago, Chairman and
Non-Executive Director and Gresham Trustees Ltd, the trustees of Mr
Shrago's Self Invested Personal Pension ("SIPP"), have today sold
20,000 ordinary shares in the Company at a price of 725 pence per
ordinary share.
Such sale has been effected, with the agreement of the Company's
Nominated Adviser, Charles Stanley Securities, in order to satisfy
exceptional market demand.
Following the transaction Mr. Shrago's SIPP is beneficially
interested in 328,000 ordinary shares representing 0.54 per cent.
of the issued share capital of the Company. Such shareholding
remains subject to the lock in provisions, disclosed in the
Company's Admission Document, which is available to download from
the Company's website www.rareearthsglobal.com.
For further information:
Rare Earths Global Limited
Ivor Shrago, Non-Executive Tel: +44 (0) 790
Chairman 025 1925
Simon Ong, Chief Executive Tel: +852 9033 4551
Officer
www.rareearthsglobal.com
Charles Stanley Securities
Nominated Adviser & Broker
Dugald J. Carlean / Luke Tel: +44 (0) 20
Webster / Carl Holmes 7149 6000
www.csysecurities.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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