Exercise of Options
November 08 2010 - 11:59AM
UK Regulatory
TIDMMML
Medusa Mining Limited
Exercise of Options
Medusa Mining Limited ("Medusa Mining" or "the Company") announces that,
pursuant to the exercise of unlisted options by certain employees of the
Company, it has today issued 209,000 ordinary shares of nil par value. The
options were exercised at a price of A$1.25 per share.
Application will be made to the UK Listing Authority and to the London Stock
Exchange for 209,000 ordinary shares of nil par value to be admitted to the
Official List and to trading on the Main Market of the London Stock Exchange.
It is expected that dealings will commence at 8.00 a.m. on 15 November 2010.
The new ordinary shares will rank pari passu in all respects with the existing
ordinary shares and, following admission, the Company's increased share capital
will comprise 187,793,911 ordinary shares with voting rights. Therefore, the
total number of voting rights in the Company will be 187,793,911.
The total number of voting rights may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company under the
Financial Service Authority's Disclosure and Transparency Rules.
For further information, please contact:
Australia
Medusa Mining Limited +61 8 9367 0601
Geoffrey Davis, Managing Director
Roy Daniel, Finance Director
United Kingdom
Fairfax I.S. PLC +44 (0)20 7598 5368
Financial Adviser and Broker
Ewan Leggat/Laura Littley
Lothbury Financial Services Limited +44 (0)20 7868 2010
Michael Padley/Libby Moss
Canada
Nicholas Sayce, Investor Relations +1 416 822 4404
[HUG#1460231]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Medusa Mining Ltd via Thomson Reuters ONE
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