I asked, as ll I could find on their website was from May 12.
Yeah it well may be for the divorce, However he still has 2,977,106 options at exercise price of 10p and 40p. So may he is getting ready to exercise them before the deal is done.
"May 12, 2011
Caledon Resources PLC Director/PDMR Shareholding
DJ Caledon Resources PLC Director/PDMR Shareholding TIDMCDN RNS Number : 4600G Caledon Resources PLC 12 May 2011 12 May 2011 Caledon Resources plc ('Caledon' or the 'Company') Director's Dealing Caledon announces that on 11 May 2011 George Salamis, a Non-Executive Director of the Company, sold 266,000 ordinary shares in the Company at a price of 104.4786 pence each. Mr Salamis was a founder of Caledon. He has never before sold any of his shares in the Company and this transaction was effected in order to meet various personal financial obligations and commitments. It was conducted in accordance with the Company's Share Dealing Code. The shares sold represented approximately 7% of Mr Salamis's total interest in Caledon shares and options. His remaining interest in the Company after this transaction is 771,500 ordinary shares (representing 0.28% of the issued share capital) and 2,977,106 shares under option (at exercise prices between 10p and 40p). For further information, please contact: United Kingdom Caledon Resources plc"
VAN Price at posting:
7.9¢ Sentiment: LT Buy Disclosure: Held
