DIRECTORS DEALINGS
December 09 2010 - 2:00AM
UK Regulatory
TIDMEGU
RNS Number : 6517X
European Goldfields Ltd
09 December 2010
Suite 200, Financial Plaza
204 Lambert Street
Whitehorse, Yukon
Canada Y1A 3T2
For Immediate Release
DIRECTORS DEALINGS
9 December 2010 - European Goldfields Limited (TSX / AIM: EGU) ("European
Goldfields" or the "Company") reports that on 8 December 2010 Martyn Konig,
Executive Chairman and President of the Company, purchased 20,000 ordinary
shares in the Company at an average price of CDN $13.45 per share. Mr Konig's
holding in the Company is now 454,457 ordinary shares.
The Company also reports that on 2 December 2010 as part its Long Term Incentive
Plan, the Company's board of directors approved the grant of options to
directors of the Company as listed below. The options have an exercise price of
CDN $13.95 and vest upon the satisfaction of certain criteria.
+----------------------+----------------------+
| Name of Director | Number of options |
| | granted |
| | |
+----------------------+----------------------+
| Martyn Konig | 825,000 |
+----------------------+----------------------+
| Mark Rachovides | 550,000 |
+----------------------+----------------------+
| Timothy Morgan-Wynne | 550,000 |
+----------------------+----------------------+
About European Goldfields
European Goldfields is a developer-producer with globally significant gold
reserves located within the European Union. The Company generates cash flow from
its 95% owned Stratoni operation, a high grade lead/zinc/silver mine in
North-Eastern Greece. European Goldfields will evolve into a mid tier producer
through responsible development of its project pipeline of gold and base metal
deposits at Skouries and Olympias in Greece and Certej in Romania. The Company
plans future growth through development of its highly prospective exploration
portfolio in Greece, Romania and Turkey.
For further information please see the Company's website at www.egoldfields.com
For further information please contact:
European Goldfields
Liberum Capital Limited
Steve Sharpe, VP Business Development Simon Atkinson
e-mail: info@egoldfields.comTom Fyson
Tel: +44 (0)20 7408 9534
Tel: +44 (0)20 3100 2000
Brunswick
Evolution Securities Limited
Carole Cable / Fiona Micallef-Eynaud Rob
Collins
e-mail: egoldfields@brunswickgroup.com Tim Redfern
Tel: +44 (0)20 7404 5959
Tel: +44 (0)20 7071 4300
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSMMMGZVLGGGZG
European Gold (LSE:EGU)
Historical Stock Chart
From Jun 2024 to Jul 2024
European Gold (LSE:EGU)
Historical Stock Chart
From Jul 2023 to Jul 2024