TERTIARY MINERALS PLC — Board/Management Information 2014

Aug 20, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6741P

Tertiary Minerals PLC

20 August 2014

Tertiary Minerals plc

www.tertiaryminerals.com

("Tertiary" or "the Company")

20 August 2014

Directors Share issue and Total Voting Rights

Tertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector announces that on 19 August 2014 the Company resolved to issue the following new ordinary shares of 1 pence each to the non-executive directors.  This is in line with a currently agreed policy of part payment of net fees in shares for the period ended 30 June 2014.  The shares were issued at a price of 5.75 pence per share, being the closing mid-market price on 18 August 2014.

The following table shows the number of new ordinary shares issued to directors and their total holdings following the issue of new ordinary shares now being announced.

Director name	Number of new shares issued	Interest in enlarged issued share capital	% of enlarged issued share capital
Donald McAlister	12,469	494,048	2.86%
David Whitehead	29,003	29,003	0.17%

Application will be made for the 41,472 new ordinary shares to be admitted to trading on AIM and admission is expected to occur on 26 August 2014.

Following admission, the Company's enlarged issued share capital will comprise 172,802,034ordinary shares with one voting right per share. There are no shares held in treasury and the total number of voting rights in the Company is therefore 172,802,034.

This figure of 172,802,034 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

ENQUIRIES
For further information please contact:
Tertiary Minerals plc	Tel: +44 (0)845 868 4580
Patrick Cheetham, Executive Chairman
Richard Clemmey, Managing Director
Cantor Fitzgerald Europe	Tel: +44 (0)20 7894 7000
Stewart Dickson/Carrie Lun  (Corporate Finance) Jeremy Stephenson (Corporate Broking)
Beaufort Securities Limited	Tel: +44 (0)20 7382 8300
Saif Janjua
Yellow Jersey PR Limited	Tel: +44 (0)7768 537 739
Dominic Barretto/Kelsey Traynor

Notes to Editors

Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-quoted mineral exploration and development company building a significant strategic position in the fluorspar sector. Fluorspar is an essential raw material in the chemical, steel and aluminium industries. Tertiary controls two significant Scandinavian projects (Storuman in Sweden and Lassedalen in Norway) and a large deposit of strategic significance in Nevada USA (MB Project).

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSQKKDPABKDAFB