NICOSIA, CYPRUS--(Marketwired - Jun 18, 2013) - EMED Mining Public Limited
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AIM: EMED TSX: EMD 18 June 2013 EMED Mining Public Limited ("EMED Mining" or the "Company") Exercise of Options EMED Mining Public Limited, the Europe-based minerals development and exploration company, announces that it has received notice that a number of its employees, directors and advisers exercised options over 6,533,000 ordinary shares of 0.25 pence each in the capital of the Company ("Ordinary Shares"). All of these options were originally granted on 22 March 2009 and have an exercise price of 4.13 pence per Ordinary Share. Of the options that have been exercised, options over 1,000,000 Ordinary Shares were exercised by EMED Mining's Chairman, Ronnie Beevor; options over 2,000,000 Ordinary Shares were exercised by Semarang Limited, a company associated with Harry Anagnostaras-Adams, EMED Mining's Managing Director; options over 1,500,000 Ordinary Shares were exercised by EMED's Finance Director, John Leach; and options over 500,000 Ordinary Shares were exercised by non-executive director Ashwath Mehra. All directors retained the shares. Following the above exercise of options, Mr Beevor has a beneficial interest in 8,400,000 Ordinary Shares; Mr Anagnostaras-Adams 11,8000,000 Ordinary Shares; Mr. Leach 3,960,000 Ordinary Shares; and Mr. Mehra 500,000 Ordinary Shares representing 0.71%, 1.00%, 0.33% and 0.04% respectively of the Company's issued share capital following the issue of the Ordinary Shares pursuant to the exercise of options. The Company has made application to the London Stock Exchange for 6,533,000 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or about 21 June 2013. Following the issue of Ordinary Shares pursuant to the exercise of options, the Company will have 1,183,698,948 Ordinary Shares in issue. Enquiries EMED Mining Harry Anagnostaras-Adams +357 9945 7843 RFC Corporate Finance Stuart Laing +61 8 9480 2500 Fox-Davies Capital Susan Walker +44 203 463 5028 Bishopsgate Communications Nick Rome +44 207 562 3350 Proconsul Capital Andreas Curkovic +1 416 577 9927 Note re US Securities The Ordinary Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. No securities commission has approved or disapproved the contents of this press release. This information is provided by RNS The company news service from the London Stock Exchange END
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