All Star Minerals plc

September 16, 2009 09:23 ET

Deferred Share Buyback

                                         All Star Minerals plc
Further: re: Deferred Share Buyback

The  Board of All Star Minerals plc ("the Company") announces that, following the passing  of  the
special  resolution at the Company's Annual General Meeting held on 21 August 2009 to approve  the
Buyback Contract for the purchase of the 63,642,857 deferred shares at nil value, and pursuant  to
the  authority  conferred  by  article 3 of the Company's Articles of Association,  the  Directors
completed  the  transfer  of the deferred shares on 2 September 2009.  The  deferred  shares  were
therefore cancelled with immediate effect on that date.

There  are  116,452,857  Ordinary Shares of 0.1p each in issue, and the Directors  hold  6,301,515
Ordinary Shares, representing 5.41% of the Company's issued share capital.

The Directors of the Company accept responsibility for this announcement.


All Star Minerals plc
Conrad Windham, CEO
Telephone: 020 7803 0607

Corporate Advisers:
St Helen's Capital plc
Duncan Vasey/Mark Anwyl
Telephone: 020 7628 5582

Contact Information

  • All Star Minerals plc