Director's Shareholding

RNS Number : 2043B

Anglo Asian Mining PLC

28 February 2014

 



Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining

28 February 2014

Anglo Asian Mining plc ('Anglo Asian' or 'the Company')

Director's Shareholding

Anglo Asian Mining plc, the AIM listed gold producer in Azerbaijan, announces that it was informed on 27 February 2014 that John Monhemius, Non-executive Director of the Company transferred 60,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), which were held in his own name, into his wife's name (Johanna Monhemius) on 21 February 2014. On 25 February 2014, Johanna Monhemius sold 60,000 Ordinary Shares at a price of 17.75 pence per share. On 26 February 2014, Johanna Monhemius acquired 57,243 Ordinary Shares at a price of 18.50 pence per share via her individual savings account ("ISA").

Following these transactions, Mr Monhemius' total beneficial ownership in the Company totals 202,143 Ordinary Shares (which represents approximately 0.18% of the Company's issued share capital). 57,243 Ordinary Shares are registered in the name of Johanna Monhemius' ISA, 60,008 Ordinary Shares are registered in the name of John Monhemius' ISA and 84,892 Ordinary Shares are registered in Mr Monhemius' own name.

**ENDS**

For further information please visit www.angloasianmining.com or contact:

Reza Vaziri	Anglo Asian Mining plc	Tel: [phone]
Sean Duffy	Anglo Asian Mining plc	Tel: [phone]
Ewan Leggat	SP Angel Corporate Finance LLP	Tel: [phone]
Laura Littley	SP Angel Corporate Finance LLP	Tel: [phone]
Felicity Edwards	St Brides Media & Finance Ltd	Tel: [phone]
Lottie Brocklehurst	St Brides Media & Finance Ltd	Tel: [phone]

Notes:

Anglo Asian Mining plc (AIM:AAZ) is a gold producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan.  The Company has a 1,962 sq km prospective exploration portfolio, assembled from analysis of historic Soviet geological data and held under a Production Sharing Agreement ('PSA') based on the Azeri oil industry.  The Company developed Azerbaijan's first operating gold/copper mine, Gedabek, which commenced gold production in May 2009. 

Anglo Asian is actively looking to exploit its first mover advantage in Azerbaijan to identify additional projects, as well as looking for other properties in Central Asia and Caucasia in order to fulfil its expansion ambitions and become a mid-tier gold and base metal production company focussed in these regions.

 

END

 

 

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