Grant of Warrants
December 08 2009 - 2:01AM
UK Regulatory
TIDMSDS
RNS Number : 7264D
Sunrise Diamonds PLC
08 December 2009
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Sunrise
Diamonds plc
www.sunrisediamonds.com
8 December 2009
At a Board meeting of Sunrise Diamonds plc held on 7 December 2009, the Board
resolved to issue 6,000,000 warrants to employees and directors of the Company.
The issue included the following Directors:
P.Cheetham : 2,000,000
F.Johnstone : 1,000,000
N.Herbert : 1,000,000
Each warrant is convertible to one new ordinary share at the price of 0.85 pence
per share (the closing mid-market price on 7 December 2009) at any time within 4
years from 7 December 2010.
As a result of this issue of warrants the total number of warrants currently
held by each Director is as follows:
P. Cheetham : 5,500,000
F. Johnstone : 3,000,000
N. Herbert : 3,000,000
Further Information:
Patrick Cheetham, Sunrise Diamonds plc. Tel: +44 (0)1625-505947
Brett Miller/Gavin Burnell, Astaire Securities plc. Tel: +44(0)20 7448 4400
This information is provided by RNS
The company news service from the London Stock Exchange
END
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