Director's Share Issue


 

TIDMSDS 
 
RNS Number : 4782G 
Sunrise Diamonds PLC 
01 February 2010 
 

                              SUNRISE DIAMONDS PLC 
 
1 February 2010 
 
DIRECTOR'S SHARE ISSUE 
 
Sunrise Diamonds plc ("Sunrise" or "the Company" - AIM: SDS) announces that on 
29 January 2010, the directors agreed to issue new ordinary shares in the 
Company to its directors in lieu of fees for the six month period ending 31 
December 2009. 
 
Accordingly, Patrick Cheetham, Executive Chairman, and non-executive director 
Francis Johnstone have each been issued with 372,321 new ordinary shares. Neil 
Herbert, non-executive director, has been issued with 345,534 new ordinary 
shares. In each case, the shares were issued at an issue price of 0.8 pence per 
share, being the closing mid-market price of the ordinary shares on 28 January 
2010. 
 
Following these issues, Patrick Cheetham, together with his wife K Cheetham, is 
interested in 10,198,383 ordinary shares, representing 5.40% of the enlarged 
issued share capital, Francis Johnstone, non-executive director, is interested 
in 2,930,769 ordinary shares, being 1.55% per cent of the enlarged issued share 
capital, and Neil Herbert, non-executive director, is interested in 2,795,662 
ordinary shares, being 1.48% of the enlarged issued share capital. 
 
Following these issues, the total number of ordinary shares in issue will be 
188,873,553. 
 
Application has been made for the 1,090,176 new ordinary shares to be admitted 
to trading on AIM and admission is expected to occur on 5 February 2010. 
 
 
For further information contact: 
 
Patrick Cheetham, Sunrise Diamonds plc.    Tel: +44 (0)1625 505947 
Gavin Burnell, Astaire Securities plc.             Tel: +44 (0) 20 7448 4400 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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