London Mining announces that Luciano Ramos (COO and executive director of the Company) notified the Company on 22 September 2011, that he had purchased 50,000 ordinary shares in the Company on the AIM market of the London Stock Exchange at 343 pence per share. Following this transaction, Luciano Ramos holds 759,667 ordinary shares in the Company. Mr Ramos also holds options over 2,000,000 ordinary shares in the Company pursuant to the Share Option Plan.
The Company's website can be found at: www.londonmining.co.uk:
http://www.londonmining.co.uk/
For more information, please contact:
London Mining Plc Thomas Credland, Head of Investor Relations | +44 207 408 7500 |
Brunswick Group LLP Carole Cable / Daniel Thöle | +44 207 404 5959 |
Crux Kommunikasjon AS Charlotte Knudsen | +47 97 56 19 59 |
About London Mining
London Mining is focused on identifying, developing and operating scaleable mines to become a mid-tier supplier to the global steel industry. London Mining is developing three iron ore mines in Sierra Leone, Saudi Arabia and Greenland as well as an early stage coking coal project in Colombia. All London Mining's assets have deliverable production with potential for expansion. The Company is currently listed on the AIM in London and Oslo Axess and trades under the symbols LOND.L and LOND.NO (Reuters) and LOND LN and LOND NO (Bloomberg). The Company's shares will be delisted from Oslo Axess on 3 October 2011.
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: London Mining Plc via Thomson Reuters ONE