SOURCE: EMED Mining Public Limited

August 21, 2014 05:27 ET

EMED Mining Public Limited: Director's Share Purchase

NICOSIA, CYPRUS--(Marketwired - Aug 21, 2014) -  EMED Mining Public Limited (AIM: EMED) (TSX: EMD)

LSE: EMED; TSX: EMD

AIM: EMED

TSX: EMD   21 August 2014

Director's Share Purchase

EMED Mining Public Limited ("EMED Mining" or the "Company") has been notified that on 19 August 2014, Alberto Lavandeira, Chief Operating Officer of the Company, purchased 1 million ordinary shares in EMED Mining at an average price of C$0.135.

Following this purchase, Mr Lavandeira holds the following interests in EMED Mining:

  Number
of
Ordinary
Shares
Beneficially
Owned
  % of
Company's
Issued
Share
Capital
  Restricted
shares
held in
escrow (1)
  Share
Options (2)
A Lavandeira 1,000,000   0.07   2,000,000   6,000,0000

(1) These shares were issued at a price of 0.25 pence per share following approval at the AGM on 11 June 2014 and are held in escrow and only released once Mr Lavandeira has been employed by the Company for two years or his service agreement is terminated for certain reasons.

(2) The options were granted in March 2014 and are exercisable at 12 pence per share and have an expiry date of 5 years from the date of grant. The options vest in three equal tranches on the first, second and third anniversaries of the date of grant.
Enquiries 

EMED Mining Isaac Querub/Alberto Lavandeira +34 959 59 28 50
RFC Ambrian Samantha Harrison +44 203 440 6800
Fox-Davies Capital Oliver Stansfield +44 203 463 5061
Walbrook PR Nick Rome +44 207 933 8783

Contact Information