Director/PDMR Shareholding (4918Z)

TIDMAVM

RNS Number : 4918Z

Avocet Mining PLC

16 March 2012

Annex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

 
 1.    Name of the issuer 
        AVOCET MINING PLC 
 2.    State whether the notification relates to (i) a transaction 
        notified in accordance with DTR 3.1.2 R, (ii) a disclosure 
        made in accordance with LR 9.8.6R(1) or (iii) a disclosure 
        made in accordance with section 793 of the Companies Act 
        (2006). 
        (i) A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2 
        ( R ) 
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 3.    Name of person discharging managerial responsibilities/director 
        HARALD ARNET 
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 4.    State whether notification relates to a person connected 
        with a person discharging managerial responsibilities/director 
        named in 3 and identify the connected person 
        NOTIFICATION RELATES TO HARALD ARNET 
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 5.    Indicate whether the notification is in respect of a holding 
        of the person referred to in 3 or 4 above or in respect 
        of a non-beneficial interest 
        NOTIFICATION IN RESPECT OF HOLDINGS BY DATUM AS 
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 6.    Description of shares (including class), debentures or derivatives 
        or financial instruments relating to shares 
        ORDINARY SHARES 
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 7.    Name of registered shareholders(s) and, if more than one, 
        the number of shares held by each of them 
        DATUM AS: 23,693,988 SHARES 
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 8     State the nature of the transaction 
        SALE OF SHARES 
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 9.    Number of shares, debentures or financial instruments relating 
        to shares acquired 
        N/A 
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 10.   Percentage of issued class acquired (treasury shares of 
        that class should not be taken into account when calculating 
        percentage) 
        N/A 
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 11.   Number of shares, debentures or financial instruments relating 
        to shares disposed 
        DATUM AS: 23,693,988 SHARES 
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 12.   Percentage of issued class disposed (treasury shares of 
        that class should not be taken into account when calculating 
        percentage) 
        N/A 
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 13.   Price per share or value of transaction 
        200p 
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 14.   Date and place of transaction 
        16 MARCH 2012 
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 15.   Total holding following notification and total percentage 
        holding following notification (any treasury shares should 
        not be taken into account when calculating percentage) 
        710,908 (0.36%) 
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 16.   Date issuer informed of transaction 
        16 MARCH 2012 
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 17.   Date of grant 
        N/A 
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 18.   Period during which or date on which exercisable 
        N/A 
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 19.   Total amount paid (if any) for grant of the option 
        N/A 
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 20.   Description of shares or debentures involved (class and 
        number) 
        N/A 
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 21.   Exercise price (if fixed at time of grant) or indication 
        that price is to be fixed at the time of exercise 
        N/A 
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 22.   Total number of shares or debentures over which options 
        held following notification 
        N/A 
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 23.   Any additional information 
        N/A 
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 24    Name of contact and telephone number for queries 
        HARALD ARNET 
        +47 23 11 36 00 
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Name of authorised official of issuer responsible for making notification

Date of notification

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

This information is provided by RNS

The company news service from the London Stock Exchange

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