Kopane Diamond Developments PLC

September 22, 2009 07:19 ET

Directors' share interests and grant options

                                               PRESS RELEASE
                                      KOPANE DIAMOND DEVELOPMENTS Plc
                                              (the "Company")
22 September 2009

                              Directors' share interests and grant of options

Kopane  Diamond Developments Plc received notification at 18 September 2009 that Tim Read, a  non-executive
director  of the Company, has sold 500,000 ordinary shares in the Company at a price of 16.125p per  share.
Effective 21 September 2009, Mr. Read has exercised 1,100,000 share options at an exercise price of 10p per
share.  Following these transactions, Mr. Read's shareholding has increased from 1,250,000 ordinary  shares
to 1,850,000 ordinary shares and he holds options over 500,000 ordinary shares. The new ordinary shares are
expected to be admitted to AIM on 29 September 2009.

Following the exercise of the options as detailed above the Company has 222,545,272 ordinary shares  of  1p
each in issue.

Effective  21  September 2009, Michael Wittet, a non-executive director of the Company,  has  been  granted
options  to subscribe for 750,000 ordinary shares at an exercise price of 14.25p per share. Following  this
award,  Mr  Wittet holds options over 1,250,000 ordinary shares. No further options have  been  granted  to
other directors at this time.

For further information contact:                     
Kopane Diamond Developments Plc                      Threadneedle Communications
Frank Scolaro, Chairman                              Laurence Read/Beth Harris
James Cable, Finance Director                        +44 (0) 207 653 9850
+44 (0) 20 7963 9590

Matthew Robinson/Ed Frisby
+44 (0) 20 7600 1658

e-mail: ir@kopanediamonds.com
website: www.kopanediamonds.com

Contact Information

  • Kopane Diamond Developments PLC