MINCO PLC

 

Directors Shareholding

 

Further to the announcement today by Minco of the placing of 40,909,091 new ordinary shares at 11p per share (“the Placing”) together with one warrant exerciseable at 12.5p per ordinary share for each two new ordinary shares subscribed for in the Placing , the Company announces that several of the Directors participated in the Placing as follows:

 

 

 

 

 

 

 

 

 

Director

 

 

Beneficial interest in the  ordinary shares of the Company prior to the Placing (number of shares)

 

 

 

 

 

Number of new ordinary shares subscribed for in the Placing

 

 

 

 

 

Number of warrants received as part of the Placing

 

 

Beneficial interest in the ordinary shares of the Company following the Placing (number of shares)

 

 

 

 

Beneficial interest in the ordinary share capital of the Company following the Placing (%)

 

Roger Turner

5,220,938

90,909

45,454

5,311,847

3.91

Matthew Dorman

8,514,316

90,909

45,454

8,605,225

6.33

Richard Thornton

4,954,734

90,909

45,454

5,045,643

3.71

Jitendra Patel

4,320,526

90,909

45,454

4,411,435

3.25

John Kearney

1,500,000

90,909

45,454

1,590,909

1.17

 

The new ordinary shares issued pursuant to the Placing are expected to be admitted to trading on the AIM market on 3 December 2004.

 

 

Enquries:

 

Matthew Dorman, CEO

Tel: +34 687 494550

mldorman@minco.ie

 

Roger Turner, Chairman

Tel: +44 (0)1273 495500

rwturner@minco.ie

 

Richard Thornton, Director

Tel: +44 (0)20 7947 3238

rfthornton@minco.ie

 

Laurence Read, Conduit PR

Tel: +44 (0)20 7936 9095

Mob: +44 (0)797 995 5923

laurence@conduitpr.com

 

Ewan Leggat, Seymour Pierce Limited

 

Tel: +44 (0)20 7107 8000

MINCO is a precious metals development and exploration company traded on the AIM market in London. Ticker symbol (MIO.                                                          http://www.minco.ie/