Directors' & other interests
April 11 2003 - 4:51AM
UK Regulatory
RNS Number:9271J
BNB Resources PLC
11 April 2003
11 April 2003
BNB Resources PLC
("BNB" or "the Company")
Directors' & other interests
Further to the authority granted to the Company to issue new Ordinary Shares of
5p each ("new Ordinary Shares") in lieu of certain non-executive Directors'
fees, the Company has today issued in aggregate 74,000 new Ordinary Shares at
10p per share for the quarter ended 31 March 2003 as follows:
14,500 new Ordinary Shares to Brian Myerson, in respect of his services as
non-executive Joint Chairman (as announced yesterday, Mr Myerson resigned from
the Board with effect from 10 April 2003);
14,500 new Ordinary Shares to Julian Treger, in respect of his services as
non-executive Joint Chairman; and
45,000 new Ordinary Shares to Xanthus Limited ("Xanthus") in respect of Roderick
MacLeod, non-executive Director.
Application has been made today for the 74,000 new Ordinary Shares to be
admitted to trading on AIM and dealings are expected to commence on 18 April
2003.
The interests in the Company of the Directors and the members of the Concert
Party are now as follows:
Member of the Concert Party Number of ordinary Percentage of issued share Number of Warrants
shares capital
Perry Sub-concert Party
Xanthus Limited 16,278,943 21.06% 222,076
Round Enterprises Limited 15,128,240 19.58% 199,218
31,407,183 40.64 % 421,294
Montelle Sub-concert Party
Montelle 16,747,248 21.67% 386,101
Madison Trust 528,456 0.68% 13,649
The & Trust 3,421,443 4.43% 57,068
Brian Myerson 69,914 0.09% -
Julian Treger, Director 69,914 0.09% -
20,836,975 26.96% 456,818
Pension Plans 555,738 0.72% -
Total 52,799,896 68.32% 878,112
Brian Myerson has a possible beneficial interest in Madison Trust, Julian Treger
has a possible beneficial interest in Montelle Properties Limited and Roderick
MacLeod has an indirect controlling interest in Xanthus Limited.
Press enquiries:
Paul Turner, Group Finance Director
BNB Resources PLC 020 7634 1073
Alex Borrelli
Shore Capital 020 7408 4090
DEFINITIONS
'Pension Plans' BNB Resources Pension Trustees Limited and The BNB Resources
Performance Share Plan
'Warrants' warrants to subscribe for new Ordinary Shares
This information is provided by RNS
The company news service from the London Stock Exchange
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