Seafield Resources - Directors' Shareholdings
28 8월 1997 - 1:08AM
UK Regulatory
RNS No 1730r
SEAFIELD RESOURCES PLC
27th August 19997
Not for release, publication or distribution in or into the United States of
America, Canada, Australia or Japan
Seafield Resources plc ("Seafield")
Exercise of Directors' Options and Sale of Option Shares
Further to the announcement dated 22 August, 1997, Seafield announces that
John Raitt, Roger Witts and Hilary Worboys have exercised their respective
options over 455,790, 557,968 and 535,500 Seafield shares (the "Option
Shares") granted to them pursuant to the Seafield share option scheme. In
order to reduce the period over which they will need to bear the costs of
bridging finance required to exercise the options, the executive directors
have sold in the market the Option Shares issued to them at a price of 74p per
share.
Press enquiries:
Seafield Resources plc 0171 227 1700
Roger Witts
Robert Fleming & Co. Limited 0171 638 5858
Rob Gray / Simon Gorringe
END
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